Avangrid edges higher as Iberdrola plans to close deal on Monday (NYSE:AGR)

Avangrid (NYSE:AGR) rose 1% after Iberdrola (OTCPK:IBDSF) said it expected to complete its $2.55 billion acquisition on Monday.

Iberdrola (OTCPK:IBDSF) disclosed its intentions in a statement on Friday.

The deal close comes after the New York Public Service Commission approved