MQG macquarie group limited

News: MQG Italy's Dolomiti Energia buys 40% in hydro unit from Macquarie for 400 mln euros

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    MILAN, July 12 (Reuters) - Italian regional utility Dolomiti Energia said on Friday it would buy the 40% it does not already own in its unit Hydro Dolomiti Energia (HDE) from Australian investor Macquarie for 401.5 million euros.

    In a statement the Italian group said its board had decided to exercise its last-look pre-emption right and snap up the minority stake in HDE after a consortium led by global investor Equitix had offered to acquire it last month.

    HDE owns 26 hydroelectric power plants in northern Italy with an installed capacity of 1.3 gigawatts (GW).

 
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(20min delay)
Last
$217.38
Change
0.220(0.10%)
Mkt cap ! $82.85B
Open High Low Value Volume
$215.77 $217.38 $215.39 $110.7M 510.1K

Buyers (Bids)

No. Vol. Price($)
1 106 $216.48
 

Sellers (Offers)

Price($) Vol. No.
$217.39 75 1
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