UK's Drax to buy Bluefield Solar Income Fund in $755 million deal
UK's Drax to buy Bluefield Solar Income Fund in $755 million deal June 1 (Reuters) - British power group Drax DRX.L said on Monday it has agreed to buy Bluefield Solar Income Fund BSIF.L (BSIF) in a deal that values the renewable energy-focused investment company at about £561 million ($755.3 million), including a permitted dividend.
($1 = 0.7428 pounds)
(Reporting by Simone Lobo in Bengaluru; Editing by Subhranshu Sahu)
((Simone.Lobo@thomsonreuters.com, +919920570373))
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