Gas Natural propoes merger with Iberdrola

Article Abstract:

Gas Natural SDG SA has made a formal proposal to merge with Iberdrola SA. Gas Natural is attempting to end a proposed merger between Iberdrola and Endesa SA.

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Iberdrola says it would study formal offer from Gas Natural

Article Abstract:

Iberdrola SA stated that it would full consider any acquisition offer from Gas Natural SDG SA. The company however, denied reports that it already received an offer from Gas Natural.

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Gas Natural's Iberdrola bid may backfire

Article Abstract:

Gas Natural SDG's hostile takeover bid for Iberdrola S.A. has been turned down by Spain's energy regulator. Investors believe that the decision will end Gas Natural's takeover attempt. However, Gas Natural is expected to be affected by the decision in the future.

Acquisitions & mergers, Company acquisition/merger, Company business planning, Hostile takeovers

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