Deal would create top US power firm
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Exelon, which owns utility companies in Illinois and Pennsylvania, has said that it will buy Public Service Enterprise Group of New Jersey in a deal valued at about $12.8 billion that would create the largest power company in the United States.
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An Anglo-American consortium is poised to take over UK soccer club Leeds United in a deal worth Â£25million pounds, reports the Yorkshire Post.
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Johnson &amp; Johnson last night struck a deal to acquire Guidant, the US cardiac treatment group for $25.4bn, in a move that will give it access to one of the fastest growing areas in health care.
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A US firm is to be handed the project management contract for two Royal Navy aircraft carriers.
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French state-controlled energy giant EDF said Friday it had agreed to create a joint venture with US peer Constellation Energy to operate new nuclear power plants in the United States.
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In a merger that would create the USA&#39;s largest electric utility, Exelon has agreed to buy Public Service Enterprise Group for $12 billion in stock, the two companies announced Monday.
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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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Both companies get shareholder nod for $11 billion merger intended to improve efficiencies, competitive muscle.
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A long-anticipated merger may soon come true.
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HONG KONG, Dec. 17 â China will buy four Westinghouse nuclear reactors in a deal that shows the continued attractiveness of American technology, but may also stir worries in Washington that the United States is selling its competitive advantage an industry at a time.
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Dynegy Inc., owner of power plants in 12 US states, has agreed to buy Sithe Energies Inc. from Exelon Corp. for $135 million, the first acquisition since the company began selling assets to repay debt in 2002.
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Transocean said the deal would create a $53 billion company with a presence in ultra-deepwater and deepwater drilling and additional growth from new rigs.
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It could make about $160 million in the US.
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A push into the solar sector could benefit the company.
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Public Service Enterprise Group, a heavyweight in setting public policy and promoting economic development in the state, is in talks to be acquired by a giant Chicago gas and electric company
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Public Service Enterprise Group, owner of the state&#39;s biggest gas and electric utility, yesterday agreed to be acquired by Exelon in a $12.2 billion deal that would create the nation&#39;s biggest
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Exelon (EXC:NYSE - news - research) is reportedly in advanced talks to buy New Jersey&#39;s largest utility group, Public Service Enterprise Group (PEG:NYSE - news - research).