|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||14.65 - 14.87|
|52 Week Range||13.10 - 16.94|
|Beta (5Y Monthly)||1.22|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.64 (4.38%)|
|Ex-Dividend Date||May 24, 2021|
|1y Target Est||N/A|
Shares in (SEV) increased 7.57% and (VIE) Environment 4% in morning trading, after the two water and waste management companies ended a bitter battle to join together in a $15 billion merger plan. The potential deal values Suez at €20.50 ($24.4) a share, which is a premium to the original €15.5 price offered last August. The rationale for a potential merger is that the pair, bitter rivals since the 19th century, would be better able to compete with global challengers from China.
NEW YORK, NY / ACCESSWIRE / February 26, 2021 / ENGIE SA (OTC PINK:ENGIY) will be discussing their earnings results in their 2020 Fourth Quarter Earnings call to be held on February 26, 2021 at 10:00 AM Eastern Time.To listen to the event live or access a replay of the call - visit https://www.
Rating Action: Moody's affirms Ruwais Power Company PJSC's A3 rating; outlook stableGlobal Credit Research - 25 Feb 2021London, 25 February 2021 -- Moody's Investors Service (Moody's) has today affirmed the A3 rating on the USD825 million 6% fixed rate senior secured bonds due 2036 issued by Ruwais Power Company PJSC (the Issuer). This uplift reflects Moody's expectation that extraordinary shareholder support for the project would be provided if it became necessary, and takes into account (1) the strength of the project sponsors, (2) the importance of continuing power and water supply in the region and (3) the extraordinary support previously provided to key entities in the Emirate of Abu Dhabi.RATIONALE FOR STABLE OUTLOOKThe issuer outlook is stable, reflecting the Issuer's availability-based revenue structure and Moody's expectation that the Issuer will continue to achieve the contractually required levels of power and water availability.FACTORS THAT COULD LEAD TO AN UPGRADE OR DOWNGRADE OF THE RATINGMoody's does not expect upward rating pressure due to the Issuer's relatively weak projected debt service coverage ratios (DSCRs).