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AES To Pay $4.7B For DPL
AES is seeking to acquire regional energy company, DPL.
AESis seeking to acquire regional energy company,DPL. The industrial automation solutions, systems integration and process systems provider will pay a total of about $4.7 billion for the acquisition.
As a part of the deal, AES would pay $30 per share in cash to DPL shareholders and $3.5 billion in cash for the equity.Bank of America Merrill Lynchwas the financial advisor to AES on the transaction.
Click here for the release fromAES.