EDP Renováveis: up over 2% in Lisbonne
(CercleFinance.com) - The EDP Renováveis (EDPR) share was up another 2.
8% in Lisbonne this morning, meaning that it has risen by 28% over the past six months.
Reacting to articles in the press, Engie officially said that it was not preparing a takeover bid on EDPR, although it also said that it has not taken a final decision about it either.
Yesterday, Bloomberg thought that Engie was a company that was interested in "all or part" of EDP Renováveis. The French group would be particularly interested in EDPR's US assets, without ruling out buying the entire company, which currently has a market capitalisation of 7.5 billion euros.
On the Lisbon Stock Exchange, the EDPR share has risen by over 25% since the beginning of the year. Remember that the group is a subsidiary of EDP (over 80%), the Portuguese "generalist" energy specialist coveted by the Chinese group Three Gorges.
This morning, “ENGIE has not taken any decision in relation to EDPR and currently is not preparing the launching of any takeover bid over shares issued by EDP Renováveis, S.A.”
Copyright (c) 2018 CercleFinance.com. All rights reserved.
8% in Lisbonne this morning, meaning that it has risen by 28% over the past six months.
Reacting to articles in the press, Engie officially said that it was not preparing a takeover bid on EDPR, although it also said that it has not taken a final decision about it either.
Yesterday, Bloomberg thought that Engie was a company that was interested in "all or part" of EDP Renováveis. The French group would be particularly interested in EDPR's US assets, without ruling out buying the entire company, which currently has a market capitalisation of 7.5 billion euros.
On the Lisbon Stock Exchange, the EDPR share has risen by over 25% since the beginning of the year. Remember that the group is a subsidiary of EDP (over 80%), the Portuguese "generalist" energy specialist coveted by the Chinese group Three Gorges.
This morning, “ENGIE has not taken any decision in relation to EDPR and currently is not preparing the launching of any takeover bid over shares issued by EDP Renováveis, S.A.”
Copyright (c) 2018 CercleFinance.com. All rights reserved.