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Iberdrola trumps rival in bidding war for Australian renewables giant Infigen

Offer worth $571m is 7.5% above Philippines rival as target company's board backs Spanish takeover

The logo of Iberdrola sits on display outside the headquarters of Iberdrola SA in Bilbao, Spain.
The logo of Iberdrola sits on display outside the headquarters of Iberdrola SA in Bilbao, Spain.Foto: Bloomberg/Bloomberg via Getty Images
Published 17 June 2020, 06:57Updated 17 June 2020, 08:33
Asia-Pacific