RNW reports consortium offer to acquire remaining share capital
Rhea-AI Filing Summary
ReNew Energy Global (RNW) reported that it has received a best and final non-binding offer to acquire the entire issued and to be issued share capital of the company not already owned by the bidders. The offer, dated October 10, 2025, comes from a group consisting of Masdar, Canada Pension Plan Investment Board, Platinum Hawk C 2019 RSC Limited as trustee for the Platinum Cactus A 2019 Trust (a wholly owned subsidiary of ADIA), and Sumant Sinha, ReNew’s Founder, Chairman and CEO.
The proposal is described as non-binding and targets the remaining equity the group does not already hold. ReNew furnished the announcement via a Form 6-K and attached the related press release as Exhibit 99.1.
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Insights
Consortium signals intent with a best and final non-binding bid.
A group led by Masdar, CPP Investments, an ADIA subsidiary, and Sumant Sinha submitted a best and final non-binding offer to acquire ReNew’s shares they do not already own. This indicates coordinated buyer interest but remains preliminary without binding terms or a disclosed price.
Because the offer is non-binding, completion depends on formal agreements, customary approvals, and deal terms that are not included in the excerpt. The presence of existing shareholders among bidders may simplify negotiations, but specifics are not provided.
Actual impact will hinge on confirmed consideration and structure if parties proceed. Subsequent company disclosures may provide pricing, conditions, and timing.