A Reuters report revealed that new independent power supplies in Japan were giving large monopolies a run for their money.
Utilities
Nigerian President gives control of power firms to private companies
Nigerian President Goodluck Jonathan handed control of 14 power companies formerly owned by the state to private investors.
Goldman Sachs Group, Danish pension funds nears close of Dong Energy stake acquisition- source
A source told Bloomberg that a unit of Goldman Sachs and two Denmark-based pension funds were close to purchasing a stake in Denmark utility Dong Energy.
India receives ADB loan for energy and utilities projects
The Asian Development Bank had allotted two loans for renewable energy and utilities projects in both eastern and western India.
News of Gazprom divesting shares leads to rise of Amber Grid
Investors welcomed the news that Gazprom would be divesting itself of the 37% stake it holds in Lithuania's Amber Grid.
Latest News
The Department of Transportation and Communications said the bidding for the PHP 17.5 billion airport project was set for November.
Kevin Burke, the long time CEO and Chairman of Consolidated Edison, announced his retirement from the firm by the end of 2013.
The forecast of increased revenues and profits had the share prices of United Utilities increase significantly.
The two Koreas agreed to resume operations of the Kaesong industrial zone on a trial basis starting Monday.
A 52-page report commissioned by UK Education Secretary Michael Gove revealed that some private equity firms and property dealers benefited in excess from child care homes subsidized by the government.
US authorities want to seize real estate properties in New York that were used to launder money from Russia.
Integrated Electrical Services Inc. announced today the completion of acquisition of MISCOR Group Ltd. paid through a combination of cash and stock.
General Growth Properties spent USD 567 million to repurchase shares, mostly from Pershing Square Capital Management.
According to a regulatory filing with the Hong Kong Stock Exchange, Beijing Enterprises Water Group Ltd. would acquire nine water and sewage treatment projects in China.
