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AYALY - Iberdrola hikes offer for Infigen Energy to A$856M
Ayala Corp ADR
A bidding war for Australian wind and solar provider Infigen Energy is heating up after Spain's Iberdrola (OTCPK:IBDRY) raised its takeover offer to A$856M (US$589M), shortly after Philippine conglomerate Ayala Corp. (OTCPK:AYALY) improved its offer.
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