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Reuters: Iberdrola Tabs JPMorgan for Asset Sales to Fund U.S. Buy

October 07,2014



Reuters reports that Iberdrola, "has hired JPMorgan Chase & Co to sell some foreign renewable assets which could raise up to 2 billion euros to help fund an acquisition in the fast-growing U.S. market," citing sources familiar with the matter.

Reuters noted Iberdrola has previously been seen as a potential bidder for Oncor.

See Reuters for more

Tags:
Oncor   Texas   M&A   Iberdrola  

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