Hedge fund slams 'stalled' China Three Gorges bid for EDP

Investor Elliott Management says regulatory scrutiny of CTG's takeover offer would force undesirable asset sales in the US

Luis Amado, EDP's chairman and formerly Portugal's secretary for foreign affairs.
Luis Amado, EDP's chairman and formerly Portugal's secretary for foreign affairs.Foto: JEAN-CHRISTOPHE VERHAEGEN/AFP/Getty Images/NTB scanpix
Published 19 February 2019, 17:27Updated 20 February 2019, 09:39