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Europe Daily Bulletin No. 7913

1 March 2001
Contents Publication in full By article 34 / 59
ECONOMIC INTERPENETRATION / (eu) energy

The British gas and electricity group INNOGY will acquire 94.5% of the capital in the YORKSHIRE POWER GROUP company (turnover of GBP 1.037 billion over the last nine months of 1999 with 4,000 employees) for GBP 508.6 million from the American groups AEP - AMERICAN ELECTRIC POWER and XCEL. It is also taking on the group's debt for around GBP 1.3 billion. This operation will make INNOGY the largest electricity supplier and second largest gas supplier in the United Kingdom, in volume, with 5.3...

Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION