--EDP's board is aiming to drive up China Three Gorges's takeover offer to between EUR3.60 and EUR3.90 a share, from the original level of EUR3.26 a share, reports O Jornal Economico, citing sources.

--Most shareholders in the utility support the board's plan to hold out for a higher offer, O Jornal Economico says.

Full story in Portuguese: https://bit.ly/2KCvMz1

Write to Barcelona editors at barcelonaeditors@dowjones.com

(END) Dow Jones Newswires

May 18, 2018 05:07 ET (09:07 GMT)

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