June 17 (Reuters) - Infigen Energy (IFN) on Wednesday recommended a A$827.5 million ($569.1 million) buyout bid from Spain's Iberdrola IBE.MC to its shareholders, and urged them to reject an earlier offer from Philippine conglomerate Ayala Corp AC.PS .
Iberdrola will pay A$0.86 a share for the Australian renewables company, a 7.5% premium to Ayala's offer price and an almost 5% premium to the stock's Tuesday close.
($1 = 1.4541 Australian dollars)
News: IFN Australia's Infigen backs $569 mln offer from Spain's Iberdrola
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Last
$1.19 |
Change
0.000(0.00%) |
Mkt cap ! $160.1M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | $1.20 | $1.18 | $56.88K | 48K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 19 | $1.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.20 | 20000 | 1 |
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| Last trade - 16.21pm 29/07/2025 (20 minute delay) ? |
| IFN (ASX) Chart |
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