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September 30, 2016
Abstract : After put on sale in November 2015, UK multinational electricity and gas utility firm's sale of a majority stake in its UK gas pipeline arm valued at about 11 billion pounds has aroused broad interest from global investors.
BEIJING -- After put on sale in November 2015, UK multinational electricity and gas utility firm's sale of a majority stake in its UK gas pipeline arm valued at about 11 billion pounds has aroused broad interest from global investors.
But why is the gas pipeline arm so appealing to global investors including those from China, reported recently to be Fosun and China Gas, which however declined the news, and a consortium led by Cheung Kong Infrastructure Holdings Limited (01038.HK).
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