Enron gets go ahead to sell pipes
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Failed US energy giant Enron has been given permission to sell its most prized remaining asset - its natural gas pipeline arm CrossCountry Energy.
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Enron Corp. will pay $321 million from  the proceeds of its sale of its pipeline arm to fund pension  plans for thousands of former employees, a government pension  agency said on Monday.
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Enbridge Inc.(ENB.TO: Quote, Profile, Research) said on Wednesday it will buy Shell&#39;s natural gas pipeline in the Gulf of Mexico for $613 million, in a move that will make the Canadian company a major natural gas transporter in the area
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Enron Corp. ENRNQ.PK on Wednesday  said a joint venture of Southern Union Co. SUG.N and a  General Electric Co. GE.N unit won the auction for its crown  jewel U.S. pipelines with a $2.45 billion cash and assumed debt  bid.
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_ An alleged side deal between Enron Corp. and Merrill Lynch &amp; Co. in 1999 shows how Enron was willing to employ suspect financial practices to meet lofty earnings targets, prosecutors said.
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The Italian Ministry of Industry confirmed yesterday that Eni was interested in the purchase of Yukos assets.
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NEW YORK -- Merrill Lynch &amp; Co. will proceed with a plan to sell about $800 million of bonds from a money-losing hedge fund run by Bear Stearns Cos. , a day after delaying a similar auction, people with knowledge of the offering said.
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Discussions are taking place to secure a private sale of Northern Rock, the prime minister confirms.
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Enbridge Inc. ENB.TO will buy Shell's  Gulf of Mexico natural gas pipelines for $613 million in a move  that will make it a major transporter in the huge gas-producing  area, Canada's No. 2 pipeline company said on Wednesday.
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France's atomic energy regulator is prepared to sell shares in nuclear reactor maker Areva  to help the regulator's financing, the head of the organization told newspaper La Tribune.
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A former assistant treasurer at Enron Corp. (ENRNQ.PK: Quote, Profile, Research) agreed to plead guilty to conspiracy to commit securities fraud on Tuesday and will cooperate with
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HOUSTON, Oct. 7 -- The government prepared Thursday to rest its fraud and conspiracy case against four former Merrill Lynch & Co. executives and two former mid-level Enron Corp. executives, following testimony from a key Enron executive that a barge sale was a sham designed to inflate profits.
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The British Treasury said it would facilitate a sale of the troubled mortgage lender while trying to ensure that taxpayers will not have to pay for the bankâs rescue.
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Businesses are hoping that at least some post-Enron regulations can be rolled back in the name of making the U.S. more competitive.
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Move should open the way for the Linux seller to buy other companies.
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U.S. energy company El Paso Corp.,  which has struggled with heavy debts since 2001, has decided to  sell its Asian power assets to raise an estimated $500 million,  sources familiar with the plan said on Wednesday.
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A former Enron accountant testified Thursday that he knew an arrangement to temporarily sell Merrill Lynch some barges just to boost Enron&#39;s bottom line was wrong and he planned to lie about it if confronted.