Eneva offers fusion with AES Tietê in operation valued at $ 1.5 b n

Eneva sent to the generator AES Tietê, of the North American AES, a proposal for a business combination between the companies that would result in the creation of a “giant in the generation sector” in Brazil. The offer would involve a total of approximately R$6.6 billion ($1.5 billion) , with R$2.75 billion ($610.9 million) in cash and approximately R$3.9 billion ($866.6 million) in Eneva shares.

Source: Reuters