Trade Now

Capital at risk Advertisement
Share Name Share Symbol Market Type
Macquarie Group Limited ASX:MQG Australian Stock Exchange Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.36 -0.74% 182.13 182.13 182.32 183.63 181.62 183.49 632,992 07:12:06

Macquarie Group Makes Offer for Stake in National Grid's Gas Networks, Bloomberg Reports

18/02/2022 10:38am

Dow Jones News


Macquarie (ASX:MQG)
Historical Stock Chart


From Feb 2022 to Aug 2022

Click Here for more Macquarie Charts.

--Macquarie Group Ltd. has made an initial non-binding offer for a majority stake in National Grid PLC's gas transmission business, Bloomberg reports.

--The Australian group's offer could value the asset at more than $10 billion, Bloomberg says.

--Deliberations are continuing and no final decisions have been taken, according to Bloomberg.

--National Grid's gas transmission assets have also drawn interest from infrastructure specialist IFM Investors, Canada's Public Sector Pension Investment Board and pension fund investor APG Asset Management, Bloomberg reports.

 

Full story: https://bloom.bg/3LHFgsO

 

Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT

 

(END) Dow Jones Newswires

February 18, 2022 05:23 ET (10:23 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

1 Year Macquarie Chart

1 Year Macquarie Chart

1 Month Macquarie Chart

1 Month Macquarie Chart
ADVFN Advertorial
Your Recent History
ASX
MQG
Macquarie
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

Log in to ADVFN
Register Now

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:gb D:20220818 08:27:06