Australia’s Infigen backs $569 mln offer from Spain’s Iberdrola
15 Jun Australia’s Infigen backs $569 mln offer from Spain’s Iberdrola
Posted at 22:25h
in
News
by KMFSLLP
Infigen Energy on Wednesday
recommended a A$827.5 million ($569.1 million) buyout bid from
Spain’s Iberdrola to its shareholders, and urged them
to reject an earlier offer from Philippine conglomerate Ayala
Corp.
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