Australia's Infigen backs improved Iberdrola offer as bidding war rages

Board recommends Spanish giant over UAC Energy after both drop conditions attached to offers

An electronic display of stocks is seen at the Australian Stock Exchange. — An electronic display of stocks is seen at the Australian Stock Exchange.Foto: Mark Evans/Getty Images

Andrew Lee

Published 29 June 2020, 07:27Updated 30 June 2020, 07:16