Deal overview
| Target | AVANGRID INC |
|---|---|
| Bidder | IBERDROLA SA |
| Price | £90.00 Full version or £25.00 Light version |
| Publication Date | May 17, 2024 |
| Abstract | On 17 May 2024, the quoted Spanish energy group Iberdrola SA ("Iberdrola") announced that it had entered into an agreement to acquire the remaining 18.4% stake it did not own in its subsidiary, the quoted US energy company Avangrid Inc. ("Avangrid") for a cash consideration of US$35.75 per share. The terms implied an equity value for Avangrid of approximately US$13.88 ... |
| Number of pages (Full version) | 9 |
| Number of pages (Light version) | 2 |
| Format | Adobe Acrobat (Download Acrobat Reader) |
| Free Sample | Click Here to Download |
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