May. 17 at 9:43 PM
$AES is the renewable power company supplying electricity to Google, Microsoft, and Amazon data centers at scale. On March 2 they agreed to a
$15 per share buyout from Global Infrastructure Partners and EQT —
$33.4B enterprise value Stock is at
$14.25 right now — 5.3% below the deal price
🐂 Deal closes. Collect
$15 and 5.3% spread. Timeline expected 2026.
🐻 Deal falls apart. Stock re-trades to
$10 to
$11. Leverage overhang takes over.
⚠️ Two cup and handle patterns on the weekly chart both completed. If the deal collapses this still has a legitimate technical recovery thesis. But the deal is the trade right now.#AES #MergerArbitrage #RenewableEnergy #Utilities #hovdid