Market Chatter: AES Weighs Options Including Sale Amid Buyout Interest

MT Newswires Live
Jul 09

AES (AES) is exploring options, including a potential sale of the company, due to takeover interest from large investment firms, Bloomberg reported Tuesday, citing people with knowledge of the matter.

A few major private equity and infrastructure investors are interested in acquiring the company after its shares lost about half their value over two years.

A leveraged buyout of AES at an enterprise value of about $40 billion would rank among the biggest of all time, according to the report.

AES did not immediately respond to MT Newswires' request for comment.

Shares of AES were up 14% in after-hours activity.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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