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Infigen Energy Advises on Variation of Takeover Bid

30 Jun 2020  |  08:27:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Variation of Takeover Bid

Infigen Energy noted of Notice given under section 650D of the Corporations Act 2001 (Cth) (Corporations Act) by Iberdrola Renewables Australia (Iberdrola Australia) in relation to its offer dated 29 June 2020 (Offer) under its off-market takeover bid to acquire all of the stapled securities on issue in Company. Pursuant to section 650D of the Corporations Act, Iberdrola Australia gives notice that it varies the Offer by increasing the consideration offered for each Company Stapled Security under the Offer to A$0.89 cash per Company Stapled Security.

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