DPL Inc. (DPL) Acquired By AES Corp (AES) for $30/Share
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DPL Inc. (NYSE: DPL) agreed to be acquired by AES Corporation (NYSE: AES) in a transaction with an enterprise value of $4.7 billion, including a total equity value of $3.5 billion.
Under the terms of the agreement, AES will acquire all of the outstanding shares of DPL for approximately $3.5 billion in cash, or $30 per share, representing an 8.7% premium over DPL’s closing share price on April 19, 2011.
The transaction is expected to close in the next six to nine months.
Under the terms of the agreement, AES will acquire all of the outstanding shares of DPL for approximately $3.5 billion in cash, or $30 per share, representing an 8.7% premium over DPL’s closing share price on April 19, 2011.
The transaction is expected to close in the next six to nine months.
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