Infigen Energy logo

IFN - Infigen Energy News Story

A$0.93 0.0  0.0%

Last Trade - 02/11/20

Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £162.5m
Position in Universe th / 1912

BUZZ-Australia's Infigen Energy soars on buyout bid from Philippines-based UAC

Wed 3rd June, 2020 1:26am
** Infigen Energy  IFN.AX  rises 34.8% to A$0.8 in early
    ** UAC Energy Holdings, partly owned by a unit of the
Philippine conglomerate Ayala Corp  AC.PS , launches a takeover
bid for the renewable energy co, valuing it at about A$777 mln
($537.30 mln)*:nL4N2DF46S
    ** UAC Energy says it intends to make a takeover offer of
A$0.80 per Infigen share
    ** UAC Energy adds that it had acquired a 12.8% stake in
    ** About 90.29 mln shares of IFN traded within first 20
minutes of trade vs its 30-day avg of 2.64 mln shares 
    ** Infigen shares down 9.2% this year, as of last close 

    ($1 = 1.4461 Australian dollars)

 (Reporting by Anushka Trivedi in Bengaluru)
 ((; +918061823241;))
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.