Top deals of the day - M&As
The following bids, mergers, acquisitions and disposals were reported on Tuesday.
Utilities
British Gas Yet to Compensate Customers Affected by Forced Prepayment Meter Installations
UK Energy Secretary Claire Coutinho criticizes slow and insufficient compensation payouts for forced prepayment meters, amid revelations that only 1,500 out of 150,000 cases are receiving redress.
How J. Prevost's Tucker Hill Air, Plumbing & Electric Uses Customer-Centricity in the Service Industry
Research shows that companies with a strong customer-centric culture are 60% more profitable compared to their competitors. This highlights the financial benefits of prioritizing customer satisfaction..
Oil Prices Expected to Rise as Israel Responds to Iran's Missile, Drone Attack
A potential increase in oil prices is expected following the recent attack on Israel by Iran, although the extent of possibilities gains hinges on the response...
Russia Seeks Emergency Gasoline Supply From Kazakhstan as Ukraine Aims Drones at Oil Refineries: Report
Russia is reportedly considering Kazakhstan as a potential source of gasoline in the event of shortages aggravated by Ukrainian drone attacks on oil refineries...
Japan Power Producer to Substitute Coal with Ammonia in Reducing Carbon Emissions
Jera Co., Japan's top power producer, launches a pioneering project to...
Biden Administration to Provide $1.5 Billion Loan to Reopen Michigan Nuclear Power Plant, a First in the US
Officials in southwestern Michigan has announced that a nuclear power ...
Latest News
Berkshire investments in utlitiies pays off
The earnings from Burlington Northern Santa Fe and MidAmerican Energy Holdings accounted for 40% of income for Berkshire Hathaway.
Warburg Pincus exits from its waste management investments in Australia
Warburg Pincus sells off its shares in Transapacific Industries Group.
Essar Group plans bids for water infrastructure projects
Essar Group planned to bid for water projects in India.
Li eyes Europe for more buyouts
Hong Kong billionaire Li Ka-shing was reportedly amassing funds from divestment in preparation for strategic acquisitions in Europe.
Authorities announce delay of Fukushima nuclear plant cleanup
Japanese authorities said the cleanup of the Fukushima nuclear plant would not be completed next year as originally scheduled.
EDF partners with Areva, Chinese firms to build nuclear plant in UK
French utility company Electricite de France (EDF) would be joining forces with Areva and two Chinese nuclear firms to build a nuclear power plant in the UK.
US Postal Service IPO not a daft idea - observers
Industry observers believed that USPS would be able to achieve success similar to Royal Mail should the former would be listed on the stock exchange.
India plans INR 110 billion investment to upgrade village water infrastructure
The Indian government would be investing INR 110 billion for the improvement of the water supply infrastructure in its villages.
Royal Mail share values jump 40% since IPO
Royal Mail shares, criticized to be valued too low, had netted hefty profits for its investors.
