Iberdrola SA (IBE.MC) has asked the Spanish energy regulator CNE to limit the stake holding and voting rights of its top shareholder, Actividades de Construccion y Servicios SA (ACS.MC), after the latter held talks with Electricite de France SA (1024251.FR) about a potential joint bid for Iberdrola.
Iberdrola SA (IBE.MC) has asked the Spanish energy regulator CNE to limit the stake holding and voting rights of its top shareholder, Actividades de Construccion y Servicios SA (ACS.MC), after the latter held talks with Electricite de France SA (1024251.FR) about a potential joint bid for Iberdrola.
Madrid-based ACS, Spain's largest construction company by market value, last year asked for clearance to have voting rights in the power utility.
ACS, which controls around 13% of Iberdrola and is the leading shareholder of rival utility Union Fenosa SA (UNF.MC), had its voting rights limited to 3% in Iberdrola because it had a controlling stake in a rival electricity company.
In a press release Friday, the regulator said Iberdrola has asked the regulator to revoke previous voting rights and stake holding authorizations granted to ACS.
Ακολουθήστε το energia.gr στο Google News!Παρακολουθήστε τις εξελίξεις με την υπογραφη εγκυρότητας του energia.gr
Διαβάστε ακόμα
Σαβ, 5 Ιουλίου 2025 - 14:45
Σαβ, 5 Ιουλίου 2025 - 14:15
Παρ, 4 Ιουλίου 2025 - 08:47
Παρ, 4 Ιουλίου 2025 - 08:38
Πεμ, 3 Ιουλίου 2025 - 08:02