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AES To Pay $4.7B For DPL

AES is seeking to acquire regional energy company, DPL.

AES is seeking to acquire regional energy company, DPL. The industrial automation solutions, systems integration and process systems provider will pay a total of about $4.7 billion for the acquisition.

As a part of the deal, AES would pay $30 per share in cash to DPL shareholders and $3.5 billion in cash for the equity. Bank of America Merrill Lynch was the financial advisor to AES on the transaction.

Click here for the release from AES.

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