Just saw AES stock got absolutely hammered today -- down 17% because BlackRock's acquisition deal came in way cheaper than everyone was expecting. So yeah, BlackRock is buying AES, but they're paying $15 a share instead of the $40+ billion people thought they'd offer five months ago. The actual deal is only $33.4 billion including debt, which is like 16.5% less. That's basically why AES shareholders are getting wrecked right now. The thing is, most buyout news usually pumps stocks because you're cashing out at a premium, right? But not this time. The $15 offer does technically represent a 40% premium to the pre-announcement price, but everyone was already pricing in a better deal from BlackRock. Now it's basically locked in -- they signed the definitive agreement and closing probably happens late 2026 or early 2027. Unless some other bidder randomly shows up or regulators block it, the AES deal is pretty much done. So if you're holding AES, you're probably not seeing it bounce back to Friday's levels. Honestly, the risk now is it could actually go lower if something derails the whole thing.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin