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AES Corp. (AES), one of the world's leading independent power producers, to acquire Ohio utility...

AES Corp. (AES), one of the world's leading independent power producers, to acquire Ohio utility DPL Inc. (DPL) for $3.5B in cash, or $30/share, an 8.7% premium. Bank of America (BAC) will provide bridge financing. (PR)
Comments (1)
  • 7footMoose
    , contributor
    Comments (2266) | Send Message
     
    This acquisition follows the trend toward consolidation of the energy industry globally. Electric power generation and electric power transmission is quickly becoming a growth industry. One need look no further than to Berkshire Hathaway to see that even Mr Buffett has significant holdings in this arena.
    20 Apr 2011, 05:47 AM Reply Like
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