Tricorona's board rejects Opcon takeover offer


LONDON, March 29 (Reuters) - Clean energy project developer Tricorona's board of directors on Monday recommended its shareholders reject a takeover offer from Swedish energy and environmental company Opcon AB . Opcon last month offered to buy Tricorona in an all-share deal valuing the Stockholm-based firm at just over 1 billion Swedish crowns ($138 million). [ID:nLDE61911V] Opcon is offering one Opcon share for every 6.5 Tricorona shares. Tricorona shares were up 1.4 percent at 7.2 ...

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