| SU HOME | SEARCH | CONTACT US | |
![]() | |
|
« Hastings Funds Buys South East Water for $1.2 Billion | Main | Italy private equity mulls infrastructure funds, seeks stable rules » October 2, 2006AWG Agrees to 3i, Funds Sale, Says New Bid Possible
By Peter Dinkloh and Edward Evans Oct. 2 (Bloomberg) -- AWG Plc, the water supplier for 6 million customers in eastern England, agreed to be bought by a group led by Canadian and Australian investors for 2.21 billion pounds ($4.13 billion) and said another bidder may offer more. The buyers, also including 3i Group Plc, plan to pay 1,555 pence a share, the group said today in a statement. That's 14 percent more than AWG's share price on Sept. 13, the day before the Huntingdon, U.K.-based company said a takeover approach was made. The shares jumped as high as 1,629 pence.Posted by pichu at October 2, 2006 11:02 PM |
|||
|