Mergers & Acquisitions ·
The AES Corporation is voluntarily supplementing its Definitive Proxy Statement regarding a proposed merger with…
AESAes Corp
The AES Corporation is voluntarily supplementing its Definitive Proxy Statement regarding a proposed merger with Horizon Parent, L.P. The supplement provides additional disclosures on legal counsel fees, financial advisor Wells Fargo's role, and updated valuation analyses from J.P. Morgan and Wells Fargo, including an implied per share equity value range of $15.00 for the merger consideration. The company is also addressing two stockholder complaints and fifteen demand letters alleging disclosure deficiencies. AES operates in the energy sector, providing global power generation and distribution services.