Brookfield Asset Management Acquires Controlling Stake in Neoen

Reported 1 day ago

A consortium led by Brookfield Asset Management has purchased 53% of Neoen SA's shares for €39.85 each, moving closer to a €6.1 billion takeover of the French renewable energy developer. The group plans to launch a tender offer for the remaining shares, aiming to make Neoen a private company amid increasing investments in the clean energy sector.

Source: YAHOO

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