Vistra to buy Cogentrix Energy in $4.7bn cash-and-stock deal
Vistra, a utility company based in Texas, US, has agreed to acquire power generation company Cogentrix Energy in a cash and stock deal worth around $4.7bn. Currently, funds managed by Quantum Capital Group indirectly own Cogentrix. The consideration is made up of $2.3bn in cash, $900m in Vistra stock and the assumption of $1.5bn in … Read more