EDP-Energias de Portugal General"s Assembly will vote the decision this Wednesday. If the unlocking proposal fails, the Chinese offer will be automatically dropped
With EDP"s General Assembly scheduled for Wednesday, the Initial Public Offering (IPO) is hanging from only one thread.
This will happen if China Three Gorges (CTG) announces it won"t give up the unlocking of the statutes. This issued will be voted during this General Assembly and almost certainly will be voted down. In pratical terms, this means that the IPO launched by the Chinese around one year ago will be dropped.
Read more in Dinheiro Vivo