Corporate Finance Equity Deals M&A Deals
Iberdrola responds to Spanish austerity measures: UIL acquired in a $3bn deal
UIL Holdings Corp.; market cap (as of 27/02/15): US$2.86bn Iberdrola SA; market cap (as of 27/02/15): US$43.5bn Introduction On February 26, Iberdrola SA, Spain’s largest electricity company, agreed to buy UIL Holdings Corp. in a deal valued at about US$3bn in cash and shares. With the acquisition, Iberdrola plans Read more…