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Sterlite Power partners Vinci Energia to buy Vineyards Project


Sterlite Power partners Vinci Energia to buy Vineyards Project
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Last Updated: Apr 15, 2021, 02:04 PM IST
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The investment amount can be converted into shares with an 80 per cent purchase option when the project is complete this year. The remaining 20 per cent can be purchased within 190 days.
PTI
Sterlite Power on Thursday said it has partnered with Vinci Energia in the power transmission sector to buy Vineyards Project. Sterlite Power and Vinci Energia (VIGT11), through Vinci Infraestrutura Gestora de Recursos LTDA, announced the formalisation of the commitment of first acquisition of issuance of debentures convertible into shares for the Vineyards Project that is in the final phase of implementation, a Sterlite Power statement said. ....

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France's Vinci agrees to buy ACS's energy business for $5.8 billion


By Reuters Staff
2 Min Read
(Reuters) -French infrastructure group Vinci said on Thursday it has agreed to buy the energy business of Spain’s ACS for about 4.9 billion euros ($5.75 billion) in cash, slightly lower than its offer price in October.
Vinci had made a non-binding offer to buy ACS’s industrial unit including its energy business for 5.2 billion euros in October. In its statement on Thursday, Vinci did not disclose why the deal was agreed at a lower price or whether it was still taking on all the assets it offered to buy in October.
Vinci could not be reached for comment. ....

Anait Miridzhanian , Jason Neely , Susan Fenton , Thomson Reuters Trust Principles , Thomson Reuters Trust , Company News , Construction Amp Engineering Nec Trbc Level 5 , Energy Trbc Level 1 , Content Produced In Gdynia , Mergers Acquisitions Takeovers , Results Forecasts Warnings , Reuters Top News , ஜேசன் நீலீ , சூசன் ஃபெண்டன் , தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ப்ரிந்ஸிபல்ஸ் , தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை , நிறுவனம் செய்தி , உள்ளடக்கம் ப்ரொட்யூஸ்ட் இல் க்டைநையா , ராய்ட்டர்ஸ் மேல் செய்தி ,

France's Vinci agrees to buy ACS energy business for $5.8 billion


By Reuters Staff
2 Min Read
(Reuters) -French infrastructure group Vinci said on Thursday it has agreed to buy the energy business of Spain’s ACS for about 4.9 billion euros ($5.75 billion) in cash, slightly lower than its offer price in October.
Vinci had made a non-binding offer to buy ACS’s industrial unit including its energy business for 5.2 billion euros in October. In its statement on Thursday, Vinci did not disclose why the deal was agreed at a lower price or whether it was still taking on all the assets it offered to buy in October.
Vinci could not be reached for comment. ....

Anait Miridzhanian , Jason Neely , Thomson Reuters Trust Principles , Thomson Reuters Trust , Company News , Construction Amp Engineering Nec Trbc Level 5 , Energy Trbc Level 1 , Content Produced In Gdynia , Mergers Acquisitions Takeovers , Results Forecasts Warnings , Reuters Top News , ஜேசன் நீலீ , தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ப்ரிந்ஸிபல்ஸ் , தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை , நிறுவனம் செய்தி , உள்ளடக்கம் ப்ரொட்யூஸ்ட் இல் க்டைநையா , ராய்ட்டர்ஸ் மேல் செய்தி ,