AES Stockholders Approve $10.7 Billion Acquisition by GIP and EQT Consortium
AES sits 46% above its 52-week low of $10.02.
Summary
AES Corp stockholders have approved the company's acquisition by a consortium led by Global Infrastructure Partners and EQT, with 97.92% of votes cast in favor. This critical step confirms the $10.7 billion equity value, $33.4 billion enterprise value cash deal at $15.00 per share, which was previously detailed in the PREM14A filing on May 4th. The approval significantly de-risks the transaction for investors. The acquisition is now subject to regulatory approvals and is expected to close in late 2026 or early 2027.
At the time of this announcement, AES was trading at $14.67 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $10.5B. The 52-week trading range was $10.02 to $17.65. This news item was assessed with positive market sentiment and an importance score of 9 out of 10. Source: PR Newswire.