5Mon·

Iberdrola
$IBE (-1.52%) 🇪🇸 takes over 88 percent of the shares in the British grid operator Electricity North West (ENWL) 🇬🇧 for 2,5 billion euros.

ENWL is valued at around five billion euros including debt.

The takeover fits in with Iberdrola's focus on the grid business, while the business with renewables energies business is under pressure. ENWL supplies five million customers in Manchester, Lancashire and Cumbria.

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3 Comments

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@BamBamInvest look that's what I mean by having a quick look to see if one or the other message is already there 😅
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@GoDividend I understand what you mean, but I tend to focus on the important companies and more detailed quarterly figures.
Anyone can just copy/paste revenue and EPS 😂
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@GoDividend It has really escalated in the last few days. Sometimes the same thing 3 or 4 times
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