China Three Gorges to Submit EDP Takeover Bid to EU -O Jornal Economico

Date : 02/08/2019 @ 9:35AM
Source : Dow Jones News
Stock : Edp Energias De Portugal (PC) (EDPFY)
Quote : 36.53  0.055 (0.15%) @ 9:04PM

China Three Gorges to Submit EDP Takeover Bid to EU -O Jornal Economico

Edp Energias De Portugal (PC) (USOTC:EDPFY)
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--China Three Gorges is set to formally submit an offer to buy Portuguese utility EDP to the EU by the end of February, nine months after making its intentions public, Portuguese newspaper O Jornal Economico reports, citing unnamed sources.

--If the takeover is blocked, China Three Gorges plans to maintain its position as EDP's largest shareholder, O Jornal Economico says.


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(END) Dow Jones Newswires

February 08, 2019 04:20 ET (09:20 GMT)

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