We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
National Grid Plc New | NYSE:NGG | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.84 | 1.38% | 61.79 | 61.82 | 60.66 | 61.16 | 1,411,108 | 01:00:00 |
By Joe Hoppe
The U.K. competition regulator said Tuesday that it has cleared the acquisition of a 60% shareholding in the gas transmission and metering business of National Grid PLC by a consortium of investors.
The Competition and Markets Authority said it decided, based on the information currently available to it, not to refer the acquisition of part of the energy infrastructure group by Macquarie Infrastructure and Real Assets (Europe) Ltd. and British Columbia Investment Management Corp. to a Phase 2 investigation.
National Grid said in March that it would sell the stake in its U.K. gas-transmission business to the consortium for 2.2 billion pounds ($2.60 billion) in cash and GBP2.0 billion more in additional debt financing on completion.
The CMA had said it would examine the deal on Sept. 27.
Write to Joe Hoppe at joseph.hoppe@wsj.com
(END) Dow Jones Newswires
November 22, 2022 04:25 ET (09:25 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
1 Year National Grid Chart |
1 Month National Grid Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions