1. Home
  2. Tag "EDP Says Premium on $11 Billion Three Gorges Offer Is Too Low"

EDP Says Premium on $11 Billion Three Gorges Offer Is Too Low

EDP-Energias de Portugal SA said that the implied premium of the 9.1 billion euro ($10.9 billion) takeover offer from China Three Gorges Corp. is too low and undervalues Portugal’s biggest energy company. “The executive board of directors considers that the price offered does not adequately reflect the value of EDP and that the implied offer […]

Torrent Power gets letter of award to supply 150 MW renewable energy -EQ