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STOCKS | Iberdrola Agrees to Buy 80% of Caruna for €2 Billion

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2026-07-21 17:31:29
Iberdrola SA agreed to buy an 80% stake in Finland’s main electricity distribution network, Caruna Group, for €2 billion ($2.3 billion), according to Bloomberg.

The deal gives the Spanish utility control of the network operator as it expands its footprint in Finland.
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