LG&E, Kentucky Utilities reported to be sold to PPL Corp.
Linkedin

LG&E, Kentucky Utilities reported to be sold to PPL Corp.

Allentown : PA : USA | Apr 28, 2010 at 8:24 AM PDT
Source: The Courier-Journal
XX XX
Views: Pending
 
U.S., the owner of LG&E and Kentucky Utilities, for about $7 billion. E.On U.S. spokesman Chip Keeling would not confirm or deny the report, saying the company does not comment on media speculation. Officials at E.On AG headquarters in Dusseldorf also have declined to comment on media reports of plans... FULL ARTICLE AT The Courier-Journal
 
  • Clear
  • Share:
  • Share
  • Clear
  • Clear
  • Clear
  • Clear
 
  • Credibility
  • Wait... Flag
 
 
Advertisement
 

News Stories

 
  • PPL to Pay $6.7 Billion for E.On's U.S. Business

      Asian Wall Street Journal
    U.S. business of Germany's E.ON AG for $6.7 billion in cash, signaling growing confidence in the mergers market as both stock and credit markets recover. The deal will push Allentown, Pa.-based PPL into new territories in the South, and shows its...
  • Kentucky Unit of E.On Is Sold

      International Herald Tribune
    E.On of Germany, the world’s largest utility by sales, agreed to sell its unit based in Kentucky to PPL for $6.7 billion in cash. Add to Portfolio PPL will be picking up Kentucky’s two largest utilities — Louisville Gas & Electric and Kentucky...
  • E.ON sells US subsidiary to PPL for $7.6 billion (AFP)

      Xtra News
    The biggest German power company, E.ON, early Thursday announced the sale of its US subsidiary for about 7.6 billion dollars (5.75 billion euros) to American energy supplier PPL in order to boost its cash reserves. In a statement, the group said it...
  • PPL to acquire Louisville Gas & Electric, Kentucky Utilities for about $6.7 ...

      Star Tribune
    Power company PPL Corp. said Wednesday it has agreed to acquire the parent company of Kentucky's two major utilities for $6.7 billion in cash...LLC, the parent of Louisville Gas & Electric Co. and Kentucky Utilities Co., from German power company E.
  • PPL to acquire E.On Kentucky utilities for $6.7B

      Seattle Times
    B Power company PPL has agreed to acquire the parent company of Kentucky's two major utilities for $6.7 billion in cash. Pa. — Power company PPL has agreed to acquire the parent company of Kentucky's two major utilities for $6.7 billion in cash...LLC,...
  • Fate of rate increase request unclear

      The Courier-Journal
    The proposed sale of LG&E and Kentucky Utilities to PPL Corp. may not affect the companies� request for an increase in gas and electric rates for more than 900,000 Kentucky customers. �The rate case, until somebody comes in and withdraws (it), goes...

More From Allvoices



Use of this site is governed by our Terms of Use Agreement and Privacy Policy.

© Allvoices, Inc. 2008-2014. All rights reserved. Powered by PulsePoint.