Acciona IPO wilts under green energy discount - CGAThompson
Spain’s Acciona (ANA.MC) IPO has blown a fuse. Late on Thursday, the Madrid-listed infrastructure company announced .
an indicative price range for the planned spinoff of its wind and solar unit. At the mid-point and including debt, the business is valued at 12.4 billion euros. That’s some 2 billion euros short of what deal advisors, including Citi, Morgan Stanley, JPMorgan and Goldman Sachs, had mooted .
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