Iberdrola Nears Full Takeover of Brazil's Neoenergia
15 Articles
15 Articles
Iberdrola will raise its stake in its Brazilian subsidiary Neoenergia to 98%, after an opa in which it acquired 14.2% that did not own for 5,825 million reais (1,140 million...
The Spanish group chaired by Ignacio Sánchez Galán will raise its participation in its Brazilian subsidiary to 98%
Iberdrola takes control almost total of Neoenergia after Opa of 1,140 million dollars
The energy company Iberdrola has successfully completed the public offer of acquisition (OPA) on its Brazilian subsidiary Neoenergia, a strategic operation with which it will increase its participation to 98% of the capital and consolidate its commitment to the Latin American market. The company presided by Ignacio Sánchez Galán will pay about 5,826 million Brazilian reais (about 980 million euros) after acquiring an additional 14.2% in the auct…
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