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Stock impact report

Indiana treasurer ‘talking to leaders at all levels' about AES acquisition concerns [Yahoo! Finance]

The AES Corporation (AES) 
Last the aes corporation earnings: 2/28 06:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
State Treasurer Daniel Elliott says he “cannot support” a $33 billion agreement to buy the utility company AES and take it private, citing fears about the impact on central Indiana ratepayers. “After learning the news yesterday of the reported deal … I have spent the last 24 hours gathering information and am increasingly worried by this potential deal and the impact it will have on Hoosiers in central Indiana,” Elliott said in a Tuesday statement, a day after AES and the investor group announced they had entered into a definitive agreement. AES Indiana is one of the state's “big five” investor-owned electric utilities. It serves more than 500,000 homes and businesses in and around Indianapolis, over an exclusive territory of about 530 square miles. AES Indiana's parent company to go private in BlackRock-led $33B deal The buyers include BlackRock subsidiary Global Infrastructure Partners, headquartered in New York, and Swedish EQT's Infrastructure VI fund. They are joined by Show less Read more
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