Singapore Power is expected to complete the purchase of TXU Australia from New York-listed TXU Corp. (NYSE: TXU) for around US$3.72 billion by July 30 following approval of the deal by Australian competition regulators. On 26 April 2004, TXU Corp announced it had entered into an agreement to sell TXU Australia to Singapore Power. The…
AUSTRALIA: Sale of TXU Australia to Singapore Power expected by July 30
Posted on July 29, 2004 by EnergyAsia