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CMA Hits Accelerator on Enforcement of UK Labour Markets | BCLP

Portuguese authorities approve Taiwan Cement Corporation s Cimpor acquisition - Cement industry news from Global Cement

Portuguese authorities approve Taiwan Cement Corporation's Cimpor acquisition

US fund KKR in takeover bid for Portugal s Greenvolt, shares jump

LISBON (Reuters) -A unit of U.S. private equity fund KKR announced on Thursday a full takeover bid for Portuguese renewable energy company Greenvolt, which values the firm at 1.16 billion euros, and said it had already secured a controlling stake via agreements. Gamma Lux said in a statement it was offering 8.3 euros per Greenvolt share, which is 11.5% above Wednesday's closing price of 7.45 euros and represents a premium of 32.1% compared to the weighted average price over the last six months. After a brief suspension from trading, Greenvolt shares jumped 11% to 8.28 euros on Euronext Lisbon.

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