CPPIB may offer to buy out ReNew minority shareholders – EQ Mag
0
0
Canada’s biggest pension fund manager CPP Investments (CPPIB) has initiated preliminary discussions with investment banks to explore the possibility of launching a tender offer to acquire the minority shareholders of Nasdaq listed renewable energy company ReNew Energy Global, which operates one of India’s biggest renewable energy platform – ReNew Power, said a person in the know.
At 8.00 PM on Friday, ReNew’s shares were trading at $4.96, up 13.1%, valuing the company at $1.92 billion…Read More…
Source: PTI
Related posts:
- Adani Green Energy To Acquire SB Energy’s 5 GW India Renewable Power Portfolio For A Fully Completed EV Of USD 3.5 Billion
- French government plans to acquire full ownership of EDF – EQ Mag Pro
- Actis Agrees To Acquire A Controlling Stake In Leading MEA Commercial And Industrial Renewables Platform Yellow Door Energy – EQ Mag Pro
- KKR-backed Virescent in Final Talks to Acquire Solar Assets from Jakson – EQ Mag Pro