The Chinese from CNIC sold part of the shares they held in EDP. Five months after the takeover bid launched by China Three Gorges, the Chinese state’s position was reduced to 25.15% from the previous 28.25%. “On October 30, 2019, CNIC informed EDP, under the terms of article 20 of the Securities Code, that its stake … Continue reading After a failed takeover bid, the Chinese reduce position in EDP