Plug is pulled on £15bn bid for power firm - The Times


7/4/2022 12:00:00 AM3 years 7 months ago
by Russell Hotten

A £15 billion bid for Britain’s biggest electricity distribution company has collapsed after the owner, a division of Li Ka-shing’s business empire, raised the sale price at the last minute.A buyout consortium led by New York-based KKR and including Macquarie…

A £15 billion bid for Britains biggest electricity distribution company has collapsed after the owner, a division of Li Ka-shings business empire, raised the sale price at the last minute. A buyout … [+547 chars]

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