Wednesday, June 27, 2007

UPDATE 4-Iberdrola share issue raises $4.5 bln for takeover

(Reuters) - MADRID, June 27 - Spanish utility Iberdrola
raised 3.375 billion euros on Wednesday
in a share issue to fund its cash purchase of U.S. power supply
company Energy East .




The issue was one of the biggest by a Spanish company in the
past decade.


Read more at Reuters.com Mergers News

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