ALLENTOWN, Pa. - PPL Corporation is continuing to work towards its goal of focusing solely on its U.S. business. The company announced Thursday it is has finalized the sale of its U.K. utility ...
PPL To Sell UK Utility Unit To National Grid For £7.8 Bln; To Buy Narragansett Electric For $3.8 Bln
(RTTNews) - PPL Corp. (PPL) announced Thursday that it has entered into definitive agreements to sell its U.K. utility business, Western Power Distribution or WPD, to National Grid plc (NG.L, NGG) for ...
Pennsylvania-based PPL is selling its United Kingdom utility business, Western Power Distribution, to the UK-based National Grid plc for close to 8 billion Euros (or $10 billion at current exchange ...
ALLENTOWN, Pa. - PPL Corporation has completed the sale of its U.K. utility business, Western Power Distribution. The sale to National Grid resulted in cash proceeds of about $10.7 billion, said PPL ...
PPL's potential merger with Avangrid could benefit shareholders. The nationalization of U.K.'s utilities is an ongoing concern, which would justify a potential spin-off of PPL's U.K. segment. In any ...
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