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Spanish company buying US utility serving northeast for $3B
2015-02-26 14:21:54| Energy - Topix.net
Spain's leading electricity and natural gas utility, Iberdrola, says it will buy the northeastern U.S. utility company UIL Holdings Corp. in a deal valued at about $3 billion. Iberdrola SA and UIL say in a statement that the deal values UIL shares at $52.75, including $10.50 to be paid in cash for each share.
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Category:Energy and Environment
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