Brief: Iberdrola To Buy 80% Indirect Stake In Caruna Oy And Caruna Espoo Oy For € 2 Bln
BRIEF-Iberdrola To Buy 80% Indirect Stake In Caruna Oy And Caruna Espoo Oy For € 2 Bln July 21 (Reuters) - Iberdrola SA IBE.MC:
AGREEMENT TO BUY 80% INDIRECT STAKE IN CARUNA OY AND CARUNA ESPOO OY
ENTERPRISE VALUE FOR 100% OF GRUPO CARUNA IS APPROX € 5 BILLION
TO PAY APPROX € 2.01 BILLION FOR 80% STAKE
PAYMENT INCLUDES € 1.01 BILLION AT CLOSING AND € 1 BILLION DEFERRED
TRANSACTION IS EXPECTED TO BE COMPLETED BY END 2026 OR DURING Q1 2027
Source text: ID:nCNMv1qqS
Further company coverage: IBE.MC
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