ReNew Energy Global plc Nears Final Agreement on Consortium Cash Offer

Reuters12-01
<a href="https://laohu8.com/S/RMGBU">ReNew Energy Global plc</a> Nears Final Agreement on Consortium Cash Offer

ReNew Energy Global plc provided an update on the potential cash offer from a consortium comprising Masdar, CPP Investments, ADIA (via Platinum Hawk), and Sumant Sinha to acquire all outstanding shares of the company not already held by the consortium members at a price of US$8.15 per share. The company reported significant progress on the transaction agreement, which is now in near-final form, with final approvals among the consortium members expected soon. The parties aim to finalize and enter into the transaction agreement no later than the week of December 15, with a further announcement planned at that time. However, there is no guarantee that a binding offer will be made according to this timetable.

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