TITLE

Bidders line up to take Nuon stake in weeks

PUB. DATE
January 2009
SOURCE
Utility Week;1/30/2009, Vol. 30 Issue 5, p26
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article focuses on the part-privatisation of Dutch utility Nuon. According to a spokesman for Gelderland province, a foreign utility would take a 40 percent holding as an initial step to full ownership of Nuon. Potential bidders in the deal, which is valued at between £2 billion and £2.5 billion, include Vattenfall and Danish group Dong. Nuon and Essent became possible takeover targets following the failed merger deal between the two companies.
ACCESSION #
36889227

 

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