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5-day change | 1st Jan Change | ||
| 490.2 GBX | +1.28% |
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-3.98% | +0.10% |
| Apr. 19 | Drax Group to Redeem Early $500 Million of Notes due 2025 | MT |
| Apr. 19 | Drax Group Unit Prices EUR350 Million Notes Offering | MT |
LONDON (Reuters) - Britain's Drax group said on Saturday it was in discussions with Spain's Iberdrola about the potential acquisition of a UK portfolio of pumped storage, renewable hydro and gas-fired generation assets.
"The discussions are preliminary in nature and there can be no certainty of any agreement or the timing or terms of any such agreement," Drax said in a statement.
"Any potential acquisition would be fully debt funded and subject to shareholder approval."
(Reporting by Alistair Smout; Editing by Bill Trott)
| 1st Jan change | Capi. | |
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| +0.10% | 2.33B | |
| +5.86% | 132B | |
| +2.90% | 77.18B | |
| -4.47% | 75.78B | |
| +1.24% | 74.01B | |
| -11.52% | 63.6B | |
| +54.76% | 57.94B | |
| +3.67% | 43.48B | |
| +6.04% | 40.68B | |
| 0.00% | 37.34B |
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