Utilities - Electric
Dow Jones reported that Fortum Oyj has agreed to sell its 47.9% stake in the Swedish energy company Harjeans Kraft to Oy Herrfors Ab, a subsidiary of Katterno Group, for SEK 445 million. The transaction is estimated to be completed at the beginning of July 2013.
FAS Rejects Gazprom Energoholding Bid to Buy Controlling Stake in Kvadra - Generiruyushchaya kompaniya OAO-Interfax
Interfax reported that Russia's Federal Anti-monopoly Service (FAS) has turned down Gazprom Energoholding's application to purchase a controlling stake in the genco Kvadra - Generiruyushchaya kompaniya OAO, FAS chief Mr. Igor Artemyev told the press in Moscow. The FAS's decision will be formalized...
Mergers & Acquisitions
No related earnings announcements are currently scheduled within the next 7 days.