TITLE

Untitled

PUB. DATE
January 2008
SOURCE
Utility Week;1/25/2008, Vol. 28 Issue 13, p28
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the decision of National Grid to discontinue plans to sell its property arm National Grid Property after turmoil in the property and credit markets led to bids failing to meet expectations. The portfolio of 500 disused mainly former gasworks sites totalling more than 1,000 hectares had been expected to fetch £700 million. The company will instead continue to clean up and sell the sites individually.
ACCESSION #
30099970

 

Related Articles

  • National Grid switches off £800m sale of property arm.  // Estates Gazette;1/26/2008, Issue 803, p46 

    The article reports on the decision of National Grid to cancel the sale of its £800 million property arm. The energy giant said it had pulled the sale of National Grid Property because it had failed to attract high enough bids. U.S. insurer AIG had been favourite to buy the company. The other...

  • BASF Plans $4.9-Billion Hostile Bid for Engelhard. Westervelt, Robert // Chemical Week;1/4/2006, Vol. 168 Issue 1, p6 

    The article reports on the plan of chemical firm BASF to launch an unsolicited bid to acquire Engelhard. BASF announced the bid only two weeks after its first meeting with Engelhard chairman and CEO Barry Perry on December 21, 2005 to discuss a potential acquisition. The $37/share offer made by...

  • Rival bidders eye Chelsfield books.  // Estates Gazette;11/8/2003, Issue 345, p43 

    Reports on the bid for Chelsfield in Great Britain. Factors considered by bidders; Amount offered by Bernerd for the company.

  • GSK Grabbing Sirtuin Platform With $720M Sirtris Acquisition. Boggs, Jennifer // BioWorld Today;4/24/2008, Vol. 19 Issue 80, p1 

    The article reports on the takeover bid offered by GlaxoSmithKline plc to Sirtris Pharmaceuticals Inc. GlaxoSmithKline offered $22.50 per share, marking a total value of about $720 million. Sirtris is developing a pipeline drugs targeting sirtuins, a class of seven enzymes believed to modulate...

  • Tenders.  // MEED: Middle East Economic Digest;4/14/2006, Vol. 50 Issue 15, p44 

    The article reports on several tender offers in the Middle East as of April 2006. Iran is offering a tender for the manufacturing and delivery of six oil pill and debris/refuse collection vessels for the Imam Khomeini, Lengeh, Bahonar, Boushehr, Anzali and Noshahr ports. Iran's tender offer is...

  • L2B explains the FT: Hostile bids reach 14-year high.  // Lawyer 2B;6/20/2014, p3 

    The article reports on the hostile takeover bids which is described as an offer which is not recommended by the board of directors of the Target. Takeover offer which is an offer by a person for acquiring the shares in a registered public company in Great Britain whose shares are traded on the...

  • RWE Gas bids for outstanding Transgas stake.  // Utility Week;6/6/2003, Vol. 19 Issue 23, p12 

    Reports on the bid by RWE Gas for the remaining stake in Czech gas importer Transgas still being held by National Property Fund of Czech Republic, as of June 2003. Amount paid by RWE Gas for a majority interest in Transgas in December 2001; Expectations from analysts on the price of the stake;...

  • Cash Take-Overs and Accounting Valuations. Taussig, Russell A.; Hayes III, Samuel L. // Accounting Review;Jan1968, Vol. 43 Issue 1, p68 

    The article focuses on the cash take-overs and accounting valuations. In the past decade the annual number of cash take-over bids has increased over five hundred per cent, and the rate of increase is accelerating. A take-over bid is generally defined as a bid to purchase some or all of a...

  • Westbrook to underwrite O Twelve offer.  // Estates Gazette;12/18/2010, Issue 1050, p32 

    This article reports on the plan of property investment company O Twelve Estates to raise 35 million pounds of new equity through a sale of shares.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics