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Billionaire Li Ka-Shing’s CK Group To Sell UK Power Networks To France’s Engie For $14 Billion
The divestment of the U.K. Power Networks comes as the proposed sale of CK Hutchison's stakes in 43 ports across 23 countries to a BlackRock-led consortium was delayed under Beijing’s scrutiny and ...
By America Hernandez PARIS, Feb 26 (Reuters) - Shares in French utility Engie surged on Thursday after it said it would buy ...
By America Hernandez PARIS, Feb 25 (Reuters) - French utility Engie will buy electricity distributor UK Power Networks for 10 ...
Engie SA agreed to buy the UK’s largest power-distribution network for £10.5 billion ($14.2 billion), expanding its footprint in Britain just as the nation rushes to expand its grid to meet surging ...
Engie agreed to acquire the United Kingdom-based electricity distributor UK Power Networks in a deal with an equity value of 10.5 billion pounds, equivalent to about $14.2 billion.
French utility acquiring one of United Kingdom’s largest electricity distribution networks. Deal subject to regulatory approval with completion expected mid-2026. Engie says transaction in line with ...
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