PPL to acquire E.ON’s US utility business for $6.7 billion in cash
Submitted by Jatinder Kumar on Thu, 04/29/2010 - 13:40
In what, according to Thomas Reuters' statistics, can be termed as the largest power sector deal in the last two and a half years, Pennsylvania utility PPL Corp is acquiring the regulated US business of Germany's E. ON AG - the world's biggest utility by sales -, in a $6.7 billion in cash.
PPL to Acquire Germany's E.ON AG for $6.7 Billion in Cash
Submitted by Jatinder Kumar on Thu, 04/29/2010 - 09:20
The regulated U. S. business of Germany's E. ON AG is being acquired by the Pennsylvania utility PPL Corp. for $6.7 billion in cash. It signifies growth confidence in the mergers market as both stock as well as credit markets recover.
Gas-Oil Link to be Made More Easy and Flexible by E.ON Ruhrgas and Gazprom
Submitted by Sarabjit Heera on Fri, 02/19/2010 - 21:01
As was confirmed by both the parties involved on Friday, Germany's E. ON Ruhrgas, which is one of Europe's biggest and top-ranked gas buyers from Russia, has officially completed talks on more flexible and easy gas purchasing contracts with Gazprom, the state export company.
Essex Dealt A “Bitter Blow” by E.On
Submitted by Aaron Ross on Wed, 01/20/2010 - 21:28
Closure of call centre in Essex by energy company E. On in June, which resulted in the loss of 600 jobs, is being decried as a devastating blow by local residents.
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