Spanish electric utility company Iberdrola has launched an offer to acquire the remaining stake in its US subsidiary Avangrid. Avangrid received a non-binding proposal from Iberdrola to buy an 18.4% stake in the company. The Spanish firm owns approximately 81.6% of Avangrid’s issued and outstanding...
https://splash247.com/iberdrola-makes-2-5bn-offer-to-take-full-control-of-us-subsidiary-avangrid/