Harmony Energy Shares Jump After Agreeing to $258 Million Drax Offer

Dow Jones

03/25

By Ian Walker

Harmony Energy Income Trust shares rose after the company said it agreed to a 199.9 million pound ($258.4 million) takeover from Drax Group, topping a proposal from Foresight Group LLP.

Shares were up 9.10 pence, or 11%, at 88.30 pence in early morning European trading. They have risen 36% over the year to date.

The London-listed company said Tuesday that under the Drax offer, accepting shareholders would get 88 pence for each share held.

The price is a 4.8% premium to Foresight's indicated price of 84.0 pence and a 35% premium to Harmony's closing share price of 65.2 pence on March 14, the day before the Foresight offer was announced.

Harmony said the Drax offer price is fair and reasonable and recommends it to shareholders. It had previously said the Foresight proposal was at a value that it would recommend to shareholders if a formal deal were made.

Foresight has until April 14 to either make a formal offer to buy Harmony or walk away under U.K. Takeover Panel rules.

Write to Ian Walker at ian.walker@wsj.com

(END) Dow Jones Newswires

March 25, 2025 04:23 ET (08:23 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

應版權方要求，你需要登入查看該內容

登入 / 註冊

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

熱議股票

1
2
3
4
5
6
7
8
9
10

{"basename":"/hant","ssrTDKData":{"titleTemplate":"%s - 老虎證券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎證券,老虎證券開戶,老虎券商,老虎證券官網,老虎證券app,tigertrade老虎證券,股票,炒股,新加坡股票交易平臺,投資,投資理財","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hant/news/2522097384"},"companyName":"老虎證券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2522097384\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2522097384?lang=zh_TW&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-03-25 16:23","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2522097384","market":"us","top_or_hot":-1,"title":"Harmony Energy Shares Jump After Agreeing to $258 Million Drax Offer","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Ian Walker \n</p>\n<pre>\n \n</pre>\n<p>\n  Harmony Energy Income Trust shares rose after the company said it agreed to a 199.9 million pound ($258.4 million) takeover from Drax Group, topping a proposal from Foresight Group LLP. \n</p>\n<p>\n  Shares were up 9.10 pence, or 11%, at 88.30 pence in early morning European trading. They have risen 36% over the year to date. \n</p>\n<p>\n  The London-listed company said Tuesday that under the Drax offer, accepting shareholders would get 88 pence for each share held. \n</p>\n<p>\n  The price is a 4.8% premium to Foresight's indicated price of 84.0 pence and a 35% premium to Harmony's closing share price of 65.2 pence on March 14, the day before the Foresight offer was announced. \n</p>\n<p>\n  Harmony said the Drax offer price is fair and reasonable and recommends it to shareholders. It had previously said the Foresight proposal was at a value that it would recommend to shareholders if a formal deal were made. \n</p>\n<p>\n  Foresight has until April 14 to either make a formal offer to buy Harmony or walk away under U.K. Takeover Panel rules. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Ian Walker at ian.walker@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 25, 2025 04:23 ET (08:23 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Harmony Energy Shares Jump After Agreeing to $258 Million Drax Offer</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHarmony Energy Shares Jump After Agreeing to $258 Million Drax Offer\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time smaller\">2025-03-25 16:23</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Ian Walker \n</p>\n<pre>\n \n</pre>\n<p>\n  Harmony Energy Income Trust shares rose after the company said it agreed to a 199.9 million pound ($258.4 million) takeover from Drax Group, topping a proposal from Foresight Group LLP. \n</p>\n<p>\n  Shares were up 9.10 pence, or 11%, at 88.30 pence in early morning European trading. They have risen 36% over the year to date. \n</p>\n<p>\n  The London-listed company said Tuesday that under the Drax offer, accepting shareholders would get 88 pence for each share held. \n</p>\n<p>\n  The price is a 4.8% premium to Foresight's indicated price of 84.0 pence and a 35% premium to Harmony's closing share price of 65.2 pence on March 14, the day before the Foresight offer was announced. \n</p>\n<p>\n  Harmony said the Drax offer price is fair and reasonable and recommends it to shareholders. It had previously said the Foresight proposal was at a value that it would recommend to shareholders if a formal deal were made. \n</p>\n<p>\n  Foresight has until April 14 to either make a formal offer to buy Harmony or walk away under U.K. Takeover Panel rules. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Ian Walker at ian.walker@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 25, 2025 04:23 ET (08:23 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SG9999014906.USD","symbol_name":"大華全球優質成長基金Acc USD","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2522097384","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2522097384","pubTimestamp":1742890980,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Harmony Energy Income Trust shares rose after the company said it agreed to a 199.9 million pound  takeover from Drax Group, topping a proposal from Foresight Group LLP.Shares were up 9.10 pence, or 11%, at 88.30 pence in early morning European trading. They have risen 36% over the year to date.The London-listed company said Tuesday that under the Drax offer, accepting shareholders would get 88 pence for each share held.The price is a 4.8% premium to Foresight's indicated price of 84.0 pence and a 35% premium to Harmony's closing share price of 65.2 pence on March 14, the day before the Foresight offer was announced.Harmony said the Drax offer price is fair and reasonable and recommends it to shareholders. It had previously said the Foresight proposal was at a value that it would recommend to shareholders if a formal deal were made.Foresight has until April 14 to either make a formal offer to buy Harmony or walk away under U.K. Takeover Panel rules.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SG9999014906.USD":"大华全球优质成长基金Acc USD","BK4230":"旅客陆运","SG9999014880.SGD":"大华全球优质成长基金Acc SGD","BK4503":"景林资产持仓","IE00BFMHRM44.USD":"NEUBERGER BERMAN GLOBAL EQUITY MEGATRENDS \"A\" (USD) ACC","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","SG9999015978.USD":"利安颠覆性创新基金A","LU0106261372.USD":"SCHRODER ISF US LARGE CAP \"A\" ACC","BK4536":"外卖概念","BK4022":"陆运","BK4585":"ETF&股票定投概念","IE0002270589.USD":"LEGG MASON CLEARBRIDGE VALUE \"A\" (USD) INC","BK4505":"高瓴资本持仓","BK4535":"淡马锡持仓","IE00B7SZLL34.SGD":"Legg Mason ClearBridge - Value A Acc SGD-H","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","SGXZ31699556.SGD":"UGDP UNITED GLOBAL QUALITY GROWTH \"C\" (SGDHDG) ACC","LU1988902786.USD":"FULLERTON LUX FUNDS GLOBAL ABSOLUTE ALPHA \"I\" (USD) ACC","SG9999015945.SGD":"LionGlobal Disruptive Innovation Fund A SGD","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","LU0082616367.USD":"摩根大通美国科技A（dist）","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","BK4550":"红杉资本持仓","LU1983260115.SGD":"Janus Henderson Horizon Global Sustainable Equity A2 SGD-H","LU0006306889.USD":"SCHRODER ISF US LARGE CAP \"A\" (USD) INC AV","SG9999015986.USD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (USD) ACC","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","IE00BZ199S13.USD":"BNY MELLON MOBILITY INNOVATION \"B\" (USD) ACC","SG9999017495.SGD":"UGDP UNITED GLOBAL QUALITY GROWTH \"B\" (SGD) ACC","DRXGY":"Drax Group Plc","LU1861214812.USD":"Blackrock Future of Transport A2 USD","UBER":"优步","BK4588":"碎股","LU2087625088.SGD":"ALLSPRING  US ALL CAP GROWTH \"A\" (SGDHDG) ACC","LU1814569148.SGD":"WELLINGTON GLOBAL QUALITY GROWTH \"D\" (SGDHDG) ACC","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","LU1861219969.SGD":"Blackrock Future of Transport A2 SGD-H","BK4551":"寇图资本持仓","SG9999014898.SGD":"United Global Quality Growth Fund Dis SGD","BK4133":"新能源发电业者","SG9999014914.USD":"UNITED GLOBAL QUALITY GROWTH (USDHDG) INC","SG9999018865.SGD":"United Global Quality Growth Fd Cl Dist SGD-H","SG9999015952.SGD":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (SGD) ACC","LU0353189763.USD":"ALLSPRING  US ALL CAP GROWTH FUND \"I\" (USD) ACC","LU2360107325.USD":"BGF FUTURE OF TRANSPORT \"A4\" (USD) INC","IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","LU2264538146.SGD":"Fullerton Lux Funds - Global Absolute Alpha A Acc SGD","BK4105":"独立电力生产商与能源贸易商"},"translate_title":"Harmony Energy同意Drax 2.58亿美元收购要约后股价上涨","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DRXGY":0.9,"UBER":0.9},"content_text":"By Ian Walker \n\n\n \n\n\n  Harmony Energy Income Trust shares rose after the company said it agreed to a 199.9 million pound ($258.4 million) takeover from Drax Group, topping a proposal from Foresight Group LLP. \n\n\n  Shares were up 9.10 pence, or 11%, at 88.30 pence in early morning European trading. They have risen 36% over the year to date. \n\n\n  The London-listed company said Tuesday that under the Drax offer, accepting shareholders would get 88 pence for each share held. \n\n\n  The price is a 4.8% premium to Foresight's indicated price of 84.0 pence and a 35% premium to Harmony's closing share price of 65.2 pence on March 14, the day before the Foresight offer was announced. \n\n\n  Harmony said the Drax offer price is fair and reasonable and recommends it to shareholders. It had previously said the Foresight proposal was at a value that it would recommend to shareholders if a formal deal were made. \n\n\n  Foresight has until April 14 to either make a formal offer to buy Harmony or walk away under U.K. Takeover Panel rules. \n\n\n \n\n\n  Write to Ian Walker at ian.walker@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 25, 2025 04:23 ET (08:23 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}