IBDSF - Why Energy Services Provider Avangrid Shares Are Taking Off Today | Benzinga
Energy services company Avangrid Inc (NYSE:AGR) shares are trading higher after receiving a non-binding proposal from Iberdrola, S.A. (OTC:IBDSF) on March 6, 2024.
Iberdrola, which owns approximately 81.6% of Avangrid’s issued and outstanding shares of common stock, has offered to acquire all of the issued and outstanding shares of Avangrid not owned by it or its affiliates for $34.25 in cash per share.
The ...