United Utilities sells green energy assets for GBP63m
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HONG KONG (CBS.MW) -- United Utilities (UK:UU) said it has agreed to sell its &#39;green energy&#39; operational assets for 63 million pounds in cash to Novera Macquarie Renewable Energy Limited, which is jointly-owned by Novera Energy and Macquarie Bank of
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Ionics Inc., a Watertown water treatment company with global operations, agreed to be purchased yesterday by General Electric Co. for $1.1 billion in cash.
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United Technologies Corp., which wants to buy Kidde Plc to add fire equipment to its Chubb security unit&#39;s offerings, raised its bid for the company by about 3 percent to 1.38 billion pounds ($2.67 billion), Kidde said.
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HSBC, the UK's largest bank, agrees to buy 51% of Korea Exchange Bank for $6.3bn.
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Business & money: Firm will raise electricity rates by 9.7% and gas prices by 15% from tomorrow
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The government starts the process of selling its one-third stake in the firm responsible for the UK's nuclear programme.
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MADRID/LONDON  - Spain's Iberdrola  has agreed to buy Scottish Power  for 11.6 billion pounds ($22.5 billion) in cash and shares to create Europe's third-biggest utility and a world leader in renewable energy.
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MADRID/LONDON  - Spain's Iberdrola  is to buy Scottish Power  for an agreed 11.6 billion pounds ($22.5 billion) in cash and shares to create Europe's third-biggest utility and a world leader in renewable energy.
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Rayovac Corp. , the third-largest US maker of batteries, plans to buy lawn-and-garden products maker United Industries for $476 million, people familiar with the transaction said.
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Powergen becomes the third big energy supplier this month to unveil price cuts for its gas and electricity customers.
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Clayton, Dubilier &amp; Rice Inc. is leading a 2.6 billion-euro ($3.45 billion) buyout of an electrical- equipment supplier from France&#39;s Pinault-Printemps-Redoute SA, the New York-based firm&#39;s third European acquisition this year.
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Northern Ireland's biggest electricity supplier, Viridian, accepts a Â£1.6bn takeover bid from a Bahrain-based firm.
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SCOTTISH &amp; Southern Energy yesterday called time on its 18-month acquisition spree after confirming a Â£3.1 billion swoop for two gas distribution networks.
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Scottish Power has accepted a takeover bid worth 11.6 billion pounds by Spain's second-biggest power company Iberdrola, a move which is set to create Europe's third biggest utility group.
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Dominion Resources  said on Monday it would sell most of its remaining gas and oil exploration and production operations to Loews Corp.  and XTO Energy Inc.  for about $6.5 billion as part of its plan to focus on its power business.
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British group Scottish Power accepted a takeover bid worth 11.6 billion pounds (17.15 billion euros, 22.55 billion dollars) from Spain's second-biggest power company Iberdrola, a move that is set to create Europe's third biggest utility group.
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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 (8.6 billion euros, 10.4 billion dollars).