According to sources familiar with the matter at hand, NextEra Energy Inc, a power producer, has recently made a takeover approach towards its peer Duke Energy Corp.
Despite Duke, which has a market value of more than $60 billion, rebuffing its approach, NextEra is still interested in pursuing the potential deal, said sources while adding, there is no guarantee that NextEra would pursue a deal or whether its approach would culminate into one.
When requested to comment on the matter, NextEra did not immediately respond to requests for comments; Duke stated it does not comment on market rumors or speculation.
With the news reaching the market, Duke’s shares surged by about 7% in extended trading.
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