Gas plumps for Iberdrola



Gas Natural’s bid to acquire Spanish utility Iberdrola has surprised the market, and although a takeover would make strategic sense, many analysts believe the outcome is still unclear.

Obstacles for the transaction remain, such as regulatory clearance to rule on competition issues and approval by 75% of Iberdrola shareholders – at the time of press, 23% had rejected the offer and this figure is expected to rise. Michael Dolan, utilities analyst at Bank of America, says that Gas Natural’s offe

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: