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Stock impact report

Mizuho Downgrades AES After $10.7 Billion Takeover Agreement [Yahoo! Finance]

The AES Corporation (AES) 
Last the aes corporation earnings: 2/28 06:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
The AES Corporation (NYSE: AES ) is included among the 14 Best Dividend Stocks to Invest in Under $50 Mizuho Downgrades AES After $10.7 Billion Takeover Agreement On March 3, Mizuho analyst Anthony Crowdell downgraded The AES Corporation (NYSE:AES) to Neutral from Outperform. The analyst set a $15 price target. The change followed the company's agreement to be acquired by a group led by Global Infrastructure Partners and the EQT Infrastructure VI fund. The buyers plan to purchase AES for $15.00 per share in cash, giving the company a total equity value of about $10.7 billion. The acquisition was announced on March 2. Reuters reported that the consortium, led by BlackRock's Global Infrastructure Partners and Swedish private-equity firm EQT AB, agreed to buy AES in a deal valued at about $33.4 billion, including debt. The transaction adds to a series of large deals in the power sector. Investors have been moving toward stable power assets as demand rises alongside the expansion o Show less Read more
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