April 26, 2018 / 2:24 PM / 3 months ago

Italy's Enel raises takeover bid for Brazil's Eletropaulo to $1.54 bln

SAO PAULO, April 26 (Reuters) - Brazil power company Eletropaulo Metropolitana said in a securities filing that Italy's Enel has raised its takeover bid for the company to 32.20 reais per share.

The bid values Eletropaulo at 5.39 billion reais ($1.54 billion) and tops an offer by Neoenergia SA, controlled by Spain's Iberdrola SA on Wedsnesday for the Brazilian company at 32.10 reais per share. (Reporting by Luciano Costa; Writing by Tatiana Bautzer Editing by Chizu Nomiyama)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below