AES Corp rises after report BlackRock's GIP and EQT near takeover deal

The AES

27/02/2026 14:53

** Shares of utility AES Corp AES.N rise ~5% to $17.07

** BlackRock-owned BLK.N Global Infrastructure Partners and EQT AB EQTAB.ST are nearing a deal to acquire AES, Bloomberg News reports, citing people familiar with the matter

** Report says the transaction could be announced as soon as next week

** Adds, the final agreement has not been reached and details including the valuation and timing could still change

** Including session's move, AES up 13.32% YTD

 (Reporting by Varun Sahay in Bengaluru)

 ((Varun.sahay@thomsonreuters.com))