SAWT BEIRUT INTERNATIONAL

| 1 October 2022, Saturday |

UK investigates sale of National Grid’s gas transmission business, report says

Britain has opened an investigation under new national security regulations into the transfer of a 60 percent share in National Grid’s gas transmission and metering business to a group led by Macquarie in Australia, according to the Telegraph on Sunday.

National Grid agreed to sell the unit for an enterprise value of about 9.6 billion pounds ($12.7 billion) in March.

    Source:
  • Reuters