Masdar has signed a definitive agreement with Greek conglomerate GEK Terna and other shareholders to buy the 67 per cent stake in Terna Energy at EUR20 ($21.45) per share. The acquisition price gives the Greek renewables company an equity valuation of EUR2.4bn and an enterprise value of EUR3.2bn, the two companies said.
 |
| READ THE ORIGINAL POST AT gulfbusiness.com |