Scottish Power Accepts $22.5B Buyout Bid
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Scottish Power PLC said Tuesday it has agreed to a $22.5 billion buyout offer from the Spanish utility Iberdrola SA that would create one of Europe's biggest utilities.Comment
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Shares in retailer Woolworths Group PLC surged by 22 percent Monday after a private equity firm said it is considering making a takeover offer.
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Project management firm John Laing says it has accepted a Â£887m bid from a private equity firm.
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The bid by the Royal Bank of Scotland Group and two other European banks topped an offer by Barclays.
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Scottish Power has accepted a takeover bid worth 11.6 billion pounds 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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_ Kidde PLC, the British fire and safety company, said Thursday it had agreed to a 1.4 billion pound ($2.8 billion) takeover by United Technologies Corp.
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UK brewer Scottish & Newcastle agrees to be bought by Heineken and Carlsberg for Â£7.8bn.
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Allegheny Energy Inc. (AYE.N: Quote, Profile, Research) on Tuesday said it agreed to sell an Illinois power plant to energy buyout firm ArcLight Capital Partners for $173 million and will use the proceeds to reduce debt.
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Scottish &amp; Southern Energy Plc, the UK&#39;s fourth-largest energy supplier, and Canada&#39;s Talisman Energy Inc. plan a wind farm 25 kilometres (16 miles) off the coast of Scotland to test deepwater windmills.
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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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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.
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Australia&#39;s second largest retailer Coles said Monday it had agreed to a 22 billion dollar (18.7 billion US) buyout offer from conglomerate Wesfarmers, the largest corporate deal in Australian history.
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MACQUARIE Communications Infrastructure Group, owner of most of Australia&#39;s TV and telco transmission towers, has begun its offshore expansion with a Â£1.27 billion ($3.1 billion) deal to buy Britain&#39;s second-biggest transmission group.
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GE Energy has been awarded a contract for approximately US$16M by SP PowerSystems, part of the ScottishPower group based in Glasgow, United Kingdom to rebuild its Capenhurst 132kV air insulated switchgear ...
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The Spanish power company Iberdrola SA plans to buy regional utility owner Energy East Corp. for $4.5 billion in cash, giving it a foothold in the United States, the companies said yesterday.
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Viridian Group Plc , Northern Ireland's main electricity supplier, has agreed to a 1.62 billion pound ($3.1 billion) takeover by Bahrain-based financial investor Arcapita.
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Utility E.On AG said Friday it raised its offer for Spain's Endesa SA to $53.4 billion as it delivered its final bid in a more than year-long takeover saga.