AES Shares Reflect $15 Cash Offer and 10.7% Annualized Dividend
AES trades around $14.75 versus a signed $15.00 cash offer from a consortium led by GIP (part of BlackRock) and the Swedish firm EQT. While a later closing price would yield more total value, the annualized return is lower. The spread and dividend are framed as producing about a 10.7% annualized return.