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Drax lets proposed HEIT acquisition lapse

By Josh White

Date: Friday 30 May 2025

(Sharecast News) - Drax Group's proposed acquisition of Harmony Energy Income Trust (HEIT) lapsed on Friday, after key conditions were not met by the agreed deadline.
The bid had been led by Drax BESS Holdco, a wholly owned subsidiary of the FTSE 250-listed Drax Group, and was to be implemented via...

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