• China Three Gorges launches $10.8 billion bid for Portuguese power firm EDP

    11 days ago - By Reuters

    LISBON - China's state-owned utility China Three Gorges on Friday launched a bid to take control of Portugal's biggest company EDP, offering a premium of just below 5 percent on the power firm's closing stock price.
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  • Trading in Portugal's EDP suspended after reports of likely Chinese bid

    11 days ago - By Reuters

    LISBON - Trading in the shares of utility company EDP-Energias de Portugal was suspended on Friday, as media reported that a Chinese group was set to make a takeover bid for the firm.
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