British Energy pre-empts Polygon by delisting shares
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The battle between British Energy and rebel shareholders seeking a better deal from the company&#39;s Â£5bn restructuring plan intensified yesterday when the nuclear generator announced it was abandoning its London share listing.
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The British power and gas system operator National Grid Transco PLC said Tuesday it has sold four regional natural gas distribution networks for 5.8 billion pounds (&#36;10.4 billion) in three deals.
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LONDON (Dow Jones)--UK power and gas system operator National Grid Transco PLC (NGT.LN) Tuesday said it will return GBP2 billion, or 65 pence a share, to its shareholders after selling four
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E.ON AG, Germany s biggest utility, plans to convert an oil-fired power station in the U.K. s south by the end of the decade to cut greenhouse-gas emissions and boost power supplies.
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IPE.com 5/Oct/04: UK - Drinks firm Diageo has transferred four million shares in US cereal maker General Mills to its UK pension plan to help cut the schemeâs 750 million-pound (1.
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Williams Cos. Inc. (WMB.N: Quote, Profile, Research) has scrapped efforts to sell its power business as the depressed wholesale market has damaged prospects for selling the unit, the natural gas company said on Thursday.
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A glut of gas supplies in Britain sees prices collapse and leaves traders having to pay for it to be taken off their hands.
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An investor group that worked for more than a year to buy the state&#39;s third largest electric utility threw in the towel Thursday and pulled its approximately $3 billion offer off the table.
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By The Idaho Statesman, Boise  Feb. 2--A British company will start operations this month at the former J.R. Simplot Co. ethanol plant in Caldwell.
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The FTSE 100 gave up some of the previous day's gains as dealers looked ahead to the US interest rate decision later on Wednesday.
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British Energy suffers losses of Â£87m in its first quarterly results since a major restructuring rescued it from potential collapse.
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The new owners of Horizon Natural Resources - once the nation&#39;s fourth-largest coal company - will divide the company into two entities: International Coal Group and Old Ben Coal Co.
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Federal-Mogul, the engineering company whose bankruptcy in the US is threatening the pensions of thousands of workers at its subsidiary Turner &amp; Newall, is sizing up a sale of its UK businesses.
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National Grid Transco, the Britain-based deliverer of energy, announced it has agreed to sell four of its gas distribution networks to consortia in cash deals worth 5.8 billion pounds (8.
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NEW YORK, August 31 (New Ratings) - National Grid Transco Plc (NNG.ETR) has reportedly agreed to sell half its gas distribution networks for about Â£5.
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National Grid Transco, the pipes and pylons company, yesterday announced a Â£6bn deal to sell half its gas distribution business. The move pleased the City but alarmed unions and consumer groups.
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Positioning itself to buy or sell other regional exchanges, the Boston Stock Exchange yesterday said it plans to switch from a member-owned structure to a shareholder-owned company.