Australian Gas Light: Likely Outright Buyer For NGC Stake
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SYDNEY (Dow Jones)--Australian Gas Light Co. (AGL.AU) said Thursday that it will most likely sell its 66% stake in New Zealand&#39;s NGC Holdings Ltd.
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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 (2.2 billion  pounds, a source familiar with the situation told Reuters on  Sunday.
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Australian energy company Origin bought its 51 per cent stake in Contact Energy at a discount of nearly $200 million, says an independent valuation released yesterday.
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Anglian Water-owner AWG says it has received an approach which may lead to a bid for the company.
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LONDON (CBS.MW) -- Harry Dobson, the Scottish mining millionaire who owns a 6.5 percent stake in Manchester United (UK:MNU) , told Scotland&#39;s Herald newspaper that he has been approached about selling his stake by brokers who may have been acting on
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Archipelago Holdings, the owner of ArcaEx, the largest electronic stock market, is expected to buy the Pacific Exchange for about $50 million.
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OIL companies have good news for NGV users - they are willing to provide more NGV stations.  Petronas, which is the main supplier of natural gas for vehicles, has also been increasing its gas pumps at most of its stations.
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SINGAPORE : SembCorp Logistics will sell its entire 20 percent stake in Swiss logistics group Kuehne &amp; Nagel International, or KNI, for S$1.
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Vector&#39;s $1.3 billion bid for NGC promises a public offering of shares in a new local energy giant within 12 months. Vector put up $3 a share to win the bidding war for the 66 per cent stake in NGC owned by Australian Gas Light (AGL).
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Gold Fields will be expected to sell its international assets valued at up to $3.5 billion and return the cash to shareholders as part of its defence against a hostile all-share bid from rival gold producer Harmony.
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PERTH (Dow Jones)--Another Australian mining company is destined for foreign ownership after Canada&#39;s LionOre Mining International Ltd.
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Stockland, Australia&#39;s fourth-biggest property trust, offered to buy General Property Trust for A$7.5 billion ($5.7 billion) in stock in an attempt to foil a rival bid by Lend Lease Corp.
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Gold Fields has made a secret offer to buy out its largest shareholder as a last-ditch defence against a hostile $8.1bn (Â£4.35bn) bid from Harmony, its rival South African gold producer.
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SYDNEY (Dow Jones)--Stockland Group (SGP.AU) said Monday it has made an all-scrip bid for Generap Property Trust (GPT.AU), valuing the company at A$3.
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By Lilly Vitorovich Of DOW JONES NEWSWIRES SYDNEY (Dow Jones)--After securing overwhelming support from Duelguide PLC&#39;s shareholders, Australia&#39;s Westfield Group (WDC.
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Australian mining firm WMC Resources says it is worth up to 30% more than a hostile $5.8bn takeover bid by Swiss rival Xstrata.
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General Electric Co., the world&#39;s biggest non-bank lender, will buy Australian Financial Investments Group for about $300 million to boost its share of that nation&#39;s mortgage market, people familiar with the plan said.