MARKETS

Iberdrola raises takeover offer of Infigen to 92c

SPANISH renewables suitor Iberdrola has upped the ante of its takeover bid of Infigen Energy, increasing its offer from 89 cents per share to 92 cents per share as the August 7 financial close date approaches.

 Deal set to close in coming weeks

Deal set to close in coming weeks

Infigen told the market this morning Iberdrola has indicated it understands that the acceptances included a 13.1% of Infigen Stapled Securities from one or both of the TCI Funds.  Infigen received a...

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