There were a couple of deals anounced this morning in the UK, including National Grid's £14 billion takeover of Western Power from America's PPL Corporation. Below is the link to this morning's announcement:
Posts tagged: National Grid
Revealed: secret name of consortium preparing £12 billion bid for National Grid distribution business - sources - part 2
So, coming up with a silly name to differentiate your consortium from the other Chinese bidders clearly does work. This morning it was announced the mega consortium, which called itself (in secret) the "Saxon Infrastructure Distribution Company", has won the £13 billion National Grid gas distribution auction...
Revealed: secret name of consortium preparing £12 billion bid for National Grid distribution business - sources
The £12 billion auction for National Grid's distribution business is hotting up and top M&A reporters are breaking stories left, right and centre.
Last week, for example, the Kleinmanator of Sky News published a good scoopette about how Hermes had joined a consortium of investors led by CIC, the Chinese state's sovereign wealth fund. Here is a link to Mark's piece:..
It's a Monday, so here is the link to today's Tip TV session.