Iberdrola to buy Scottish Power for 11.6 billion pounds
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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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Dutch-based Basell  said on Tuesday that it would buy Lyondell Chemical Co.  in an all-cash deal worth about $12.14 billion, plus the assumption of debt.
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British mobile phone giant Vodafone said it has agreed to buy an 11-billion-dollar controlling interest in India's Hutchison Essar, a spokesman for the company said.
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LONDON -- Britain's Vodafone Group PLC has agreed to buy a 67 percent controlling interest in Hutchison Essar Ltd., one of India's leading cellphone companies, for $11.1 billion, Vodafone said yesterday.
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Italian energy group Enel said on Thursday that it had agreed to buy an additional 11.58 percent of Spanish peer Endesa, meaning the Italian company now controls a 21.57-percent stake.
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Iberdrola agreed to buy ScottishPower for $22.5 billion in a move that would create one of EuropeÂs largest utilities.
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LONDON, September 9 (New Ratings) - Santander Central Hispano (BSD2.FSE) has indicated that it is selling a 2.51% stake in Royal Bank of Scotland Group Plc, in an attempt to seek regulatory approval to acquire UKâs Abbey National Plc.
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An investment group is expected to announce Monday that it has struck a deal to buy British water utility AWG PLC  for about $4.12 billion, a source familiar with the situation told Reuters on Sunday.
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Spain's Iberdrola said on Tuesday it will make a share issue to help finance its $4.5 billion cash purchase of U.S. regional gas and electricity supply company Energy East before completing the deal in the second half of 2008.
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SPAINâS Santander Central Hispano is to sell up to 79 million shares in Royal Bank of Scotland, and said it will end cross-directorships with RBS if its bid for Abbey National is successful.
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Exelon Corp., owner of the largest power companies in Illinois and Pennsylvania, agreed to buy New Jersey&#39;s Public Service Enterprise Group Inc.
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Britain's Imperial Tobacco has agreed to buy Franco-Spanish rival Altadis for Â£11bn.
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Viridian Group , Northern Ireland's main electricity supplier, said on Friday it had agreed a 1.62 billion pound ($3.1 billion) takeover offer from Bahrain-based private equity firm Arcapita.
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In a deal that would create the nation's biggest power company, the Exelon Corporation said it would buy the Public Service Enterprise Group of New Jersey.
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German industrial conglomerate MAN AG   MANG.DE will offer cash and shares to buy Scania AB SCVb.ST   in a bid that values the Swedish truckmaker at 9.6 billion   euros ($12.2 billion) in total, MAN said early on Monday.
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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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Chemical maker Basell said on Tuesday it would buy Lyondell Chemical Co.  for about $12.14 billion, giving it access to Lyondell's commodity assets and refining capacity.