MARKETS

Iberdrola's Infigen takeover accepted by FIRB

THE Spanish takeover of Infigen has been cleared by the Foreign Investment Review Board, meaning the takeover of Australia's largest renewable company is likely on track to complete in the coming weeks.

Helen Clark

Iberdrola's Infigen takeover accepted by FIRB

Iberdrola's takeover offer for the wind giant is worth A$864 million and has been recommended by the target's board. The sum represents a premium to the original offer, which worked out at 86 cents per...

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