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IFN - Infigen Energy News Story

A$0.93 0.0  0.0%

Last Trade - 02/11/20

Sector
Utilities
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £161.3m
Position in Universe th / 1913

Deals of the day-Mergers and acquisitions

Wed 3rd June, 2020 2:13pm
June 3 (Reuters) - The following bids, mergers, acquisitions
and disposals were reported by 1300 GMT on Wednesday:
    
    ** Hungary's state-owned energy group MVM has put in a final
bid for E.ON's  EONGn.DE  Czech Innogy retail operations as it
seeks to expand in central Europe, chairman and CEO Gyorgy Kobor
told Reuters.  urn:newsml:reuters.com:*:nL8N2DG1XP
    
    ** Leonardo Del Vecchio has no intention of steering
Generali towards a cross-border merger with rivals AXA or Zurich
as he seeks regulatory approval to double his stake in the
Italian insurer's top investor Mediobanca, a source close to Del
Vecchio said.  urn:newsml:reuters.com:*:nL8N2DG28Q
    
    ** Royal Dutch Shell  RDSa.L  is considering raising more
than $2 billion from the sale of a stake in the common
facilities at its Queensland Curtis LNG plant in Australia,
according to a sale flyer reviewed by Reuters.  urn:newsml:reuters.com:*:nL4N2DG1M8
    
    ** Virgin Australia Holdings Ltd's administrator has given
final bidders Bain Capital and Cyrus Capital Partners until June
22 to lodge binding offers, an extension of 10 days from the
original date, a person with knowledge of the matter said.
 urn:newsml:reuters.com:*:nL4N2DG1GX
    
    **  Philippine conglomerate Ayala Corp  AC.PS  has made a
bid worth A$777 million ($535 million) to buy Infigen Energy
 IFN.AX , pouncing on the Australian renewables company at a
time when wind and solar firms are battling falling power
prices.  urn:newsml:reuters.com:*:nL4N2DF48R
    
    ** French luxury goods group LVMH's  LVMH.PA  $16.2 billion
takeover of Tiffany & Co  TIF.N  is looking less certain as the
jeweler grapples with a deteriorating situation in the U.S.
market brought on by a global pandemic and severe social unrest,
fashion trade publication WWD reported on Tuesday.  urn:newsml:reuters.com:*:nL4N2DF3LU

 (Compiled by Mrinalika Roy in Bengaluru; editing by Uttaresh.V)
 ((mrinalika.roy@thomsonreuters.com; within U.S. +1 646 223
8780, outside U.S. +91 806749 8325;))
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