IFN infragreen group limited

News: IFN Australia's Infigen Energy decries Ayala's $536 mln bid as 'opportunistic'

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    June 4 (Reuters) - Australia's Infigen Energy (IFN) is still going over a takeover offer to the tune of A$777 million ($535.82 million) by Philippine conglomerate Ayala Corp AC.PS , the renewables firm said on Thursday, but described the bid as "opportunistic".

    The comment follows Wednesday's cash offer of A$0.80 a share by UAC Energy Holdings, a joint venture of Ayala's AC Energy ACEPH.PS and Hong Kong-based UPC Renewables Group, for a firm whose shares have been hit by lower power prices.

    ($1=1.4501 Australian dollars)

 
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Last
$1.16
Change
-0.030(2.52%)
Mkt cap ! $156.7M
Open High Low Value Volume
$1.19 $1.19 $1.16 $43.98K 37.23K

Buyers (Bids)

No. Vol. Price($)
2 4150 $1.16
 

Sellers (Offers)

Price($) Vol. No.
$1.19 28218 1
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Last trade - 15.54pm 31/07/2025 (20 minute delay) ?
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