AES Corp. has announced that its stockholders voted to approve the company's previously announced acquisition by Global Infrastructure Partners (GIP), a part of BlackRock, and the EQT Infrastructure VI fund, along with co-underwriters California Public Employees' Retirement System (CalPERS) and Qatar Investment Authority (QIA), at the company's meeting of stockholders.
As previously announced, under the terms of the merger agreement the consortium will acquire all outstanding common shares of AES for $15 per share in cash, representing a total equity value of approximately $10.7 billion and an enterprise value of approximately $33.4 billion, including the assumption of existing debt.
Based on the preliminary vote count from today's special meeting of stockholders, approximately 97.9 percent of AES stockholders votes were cast in favor of the proposed transaction, representing approximately 67.2 percent of all outstanding shares. The final voting results will be reporte
