tiprankstipranks
Iberdrola Advances in Avangrid Merger Deal
Company Announcements

Iberdrola Advances in Avangrid Merger Deal

Iberdrola (ES:IBE) has released an update.

Pick the best stocks and maximize your portfolio:

Iberdrola has announced that its general shareholder meeting with Avangrid resulted in a favorable vote on their merger agreement, moving closer to the acquisition of all Avangrid shares not already owned by Iberdrola. The completion of this merger is contingent upon obtaining all necessary regulatory authorizations, some of which, including the Public Utilities Commission of Maine and the Public Service Commission of New York, are still pending. This step is part of Iberdrola’s strategic expansion and is subject to various risks and uncertainties that could affect future results.

For further insights into ES:IBE stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Spain Auto-Generated NewsdeskIberdrola to Fully Acquire Avangrid, Delist Shares
TipRanks Spain Auto-Generated NewsdeskIberdrola Announces Key Board Appointments
TipRanks Spain Auto-Generated NewsdeskIberdrola Confirms 2024 Interim Dividend Payment
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App