Race for #3 Spanish utility heats up

Article Abstract:

Union Fenosa S.A. of Spain is on the block, the gas utilities and energy company is valued at 9.6 billion Euros ($11.3 billion). Stock price has soared approximately 65 percent over the past year, greater than doubling since 2003. Net profit over the first three quarters, ending at September 30th was 18 percent more than a year earlier.

Spain, Company Profile, Union Fenosa S.A.

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Suez-Gaz de France pact clouded by ruling that marks union win

Article Abstract:

The planned $55.65 billion merger of Suez S.A. and Gaz de France may be in jeopardy, following a court ruling in favor of French energy workers. According to the ruling, the deal can't be approved unless workers are given more information on the merger's impact on jobs.

Legal issues & crime, Personnel administration, Legal/Government Regulation, Labor organizations, Labor Unions, Labor Unions and Similar Labor Organizations, Company legal issue, Cases, France, Acquisitions and mergers, Labor relations, Labour unions, SUEZ S.A., Gaz de France

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WPS is far along in talks to buy Peoples Energy

Article Abstract:

Utility company WPS Resources Corp. is planning a $1.5 billion acquisition of Peoples Energy Corp. Details of both companies' recent earnings are included.

United States, Sales, profits & dividends, WPS Resources Corp., Company sales and earnings, Company earnings/profit, Peoples Energy Corp.

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