AES stock sinks 17% after $33.4 billion BlackRock-EQT buyout sets a $15 ceiling
AES shares dropped 17% to $14.29 Monday after agreeing to a $15-per-share buyout, trading below the offer price. The deal, approved by the board, is expected to close in late 2026 or early 2027 pending shareholder and regulatory approval. AES canceled its results call and will file its 2025 annual report Monday.