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Infigen Energy Advises on Variation of Takeover Bid

29 Jun 2020  |  09:52:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Variation of Takeover Bid

Infigen Energy noted that Iberdrola Renewables Australia (Iberdrola Australia) referred to its Bidder's Statement dated 24 June 2020 containing its off-market takeover offer (Offer) to purchase all of the stapled securities in Company and Infigen Energy Trust. Iberdrola Australia announced that it will increase its offer price for all of the stapled securities under the Offer to A$0.89 per Company stapled security. A supplementary bidder's statement and formal notices of variation to give effect to this variation to the Offer will be issued.

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