Global Infrastructure Partners and EQT AB are reportedly in advanced discussions to acquire power company AES Corp, according to a report by Bloomberg citing unnamed sources familiar with the matter. A deal could be announced as early as this week.
Final terms and valuation remain under negotiation.
Shares of AES, which operates a mix of renewable and conventional energy assets as well as utilities in Indiana and Ohio, rose roughly 6.8% in early New York trading on Friday, giving the company a m...
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