ReNew Receives Revised Share Buyout Proposal from Investors

The proposal represents a 15.3% price increase from December 2024

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Decarbonization solutions company ReNew Energy Global (ReNew) has received a best and final non-binding proposal from the consortium led by Abu Dhabi Future Energy (Masdar), Canada Pension Plan Investment Board, Platinum Hawk, and Sumant Sinha, Founder-CEO at ReNew, to acquire the company’s entire issued and to-be issued share capital for a cash consideration of $8.15 per share.

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