Iberdrola’s Infigen offer hits 92¢; locks up 38pc of register – The Australian Financial Review

Iberdrola’s quest to take out Infigen Energy has gathered pace.
Iberdrola has locked in 38 per cent acceptances for its cash offer for Infigen. Bloomberg
The Spanish energy giant announced on Wednesday that it would increase its bid for Infigen by 3¢ a share to 92¢ if it snared another 13 per cent of the target’s share register by the end of the month.
Two days later, Iberdrola has locked that 13 per cent in and upped its bid for Infigen.
It is understood the acceptances from shareholders in…

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