Hints and tips:
...TATE has done sterling work on rebuilding its balance sheet and cashflow in recent years, reflected in FY20E ND:EBITDA (inc. IFRS 16) of 0.9x & 1.8x FCF dividend cover....
...The largest deals announced to date this year have been Duke Energy’s $26bn acquisition of Progress Energy, Exelon’s $11.5bn deal for Constellation Energy, and AES’s $4.7bn takeover of DPL....
...DPL headquarters will remain in Dayton, and the company will continue to use the local name. The deal remains subject to approval of DPL shareholders and state and federal regulators....
...Exelon/Constellation deal follows Duke Energy’s move in January to acquire Progress Energy, offering $13.7bn in stock and taking on $12.2bn in net debt, and the agreement last week for AES to buy Ohio-based DPL...
...DPL rose 9.3 per cent to $30.16 while AES added 3.3 per cent to $12.88....
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