<ul data-eligibleForWebStory="false"><li>ReNew Global Energy and Masdar have increased the offer price for ReNew's public shares to USD 8 per share, raising the company's valuation to $3.2 billion.</li><li>The revised offer is backed by a consortium of investors including Masdar, CPP Investments, ADIA, and ReNew's founder and CEO.</li><li>The Special Committee of ReNew, led by Manoj Singh, is evaluating the offer in consultation with financial and legal advisors.</li><li>The offer represents a premium of 26.2% over the share price on December 10, 2024, with discussions ongoing and a final decision pending.</li></ul>

ReNew Global Promoters, Masdar Hike Offer Price For Public Shares; Valuation Hits $3.2 Billion

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