Arantxa Rubio / Bloomberg – 9:17 – 02/09/2016 – Updated: 10:45 – 02.09.16
-
the German study the purchase of 20% Iberdrola is Gamesa
Shares of Gamesa are soaring today strongly in the Ibex 35 after Bloomberg has reported that its merger with a subsidiary of Siemens wind could be imminent, creating the world’s largest company in the sector. As recorded by the agency, Siemens also would acquire 20% neogicandola Iberdrola owns in the capital of Gamesa. Thus, the German a majority stake in the resulting company would be ensured.
In this scenario is the fact that Vestas, Siemens main competitor, does not intend to enter into the operation. On the occasion of the presentation of results, the president of the Danish firm, Anders Runevad said sharply that they had no intention to bid for Gamesa. “We intend to invest in organic growth. And I’m confident in the position we have,” he said
Sources close to the operation recognize “that negotiations are at an advanced stage, are not yet safe.”. Negotiations between the two companies saltarona light last 29 and if they come to fruition the first global wind manufacturer would be created, with a market share of 15%.
Today, Gamesa Up 6 % in Spanish stock market so far this year; in fact, it is the only company remains positive in this period in which Ibex has already broken supports. The question now is their future that today is still to be decided.
According to current estimates of investment banks, the benefit of Gamesa grow over 50% this triennium and is the eighth signing of selective starring greater rise in estimates since the start of the new year (it is expected to win 220 above the 217 million euros they expected earlier this year).
However, at the expense of knowing how the merger with the German will be resolved, analysts have taken to speculate on the possible bonus that could offer the operation, and there is talk of a maximum of 20 euros, ie a premium of 18% over its current trading price.
Other news
Featured Content
No comments:
Post a Comment