(Reuters) - "It will be financed through an equity issue which will be done before the closing and the timing will depend on market conditions," strategy director Jose Luis del Valle told analysts in a conference call.
Iberdrola shares lost just over 2 percent on Tuesday after the Spanish power group said late on Monday it would buy East Corp., based in the northeast United States, for $4.5 billion in cash and take on 3 billion euros of debt.
Read more at Reuters.com Business News
Iberdrola shares lost just over 2 percent on Tuesday after the Spanish power group said late on Monday it would buy East Corp., based in the northeast United States, for $4.5 billion in cash and take on 3 billion euros of debt.
Read more at Reuters.com Business News
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