Equity Analysis /
Mexico

IEnova: Flash IENOVA: Takeover bid result for IENOVA shares

  • From the takeover bid, Sempra Energy acquired 26.2% of IENOVA's outstanding shares, increasing its stake to 96.4%

  • As a result of the exchange offer, Sempra's common stock will begin trading on the MSE as of May 28

  • This opens an interesting window to continue investing in energy. With this offer we conclude coverage of IENOVA shares

Marissa Garza Ostos
Marissa Garza Ostos

Head of Equity Research

Jose Itzamna Espitia Hernandez
Jose Itzamna Espitia Hernandez

Senior Equity Research Analyst, Infrastructure, Materials and Transportation

Banorte
25 May 2021
Published byBanorte

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