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NGG / Macquarie takeover bid for National Grid must face scrutiny, says union leader

Macquarie takeover bid for National Grid must face scrutiny, says union leader
Gary Carter of the GMB traded union has called on UK ministers to keep a close eye on any move from Australian banking giant Macquarie to take full control of National Grid PLC (LSE:NG.). Macquarie Asset Management and British Columbia Investment Management Corporation joined forces to buy 60% of National Grid's gas transmission and meter business earlier this year, but The Guardian has reported of a call option giving the consortium first dibs on the remaining 40%. Read More
Posted: May 15 2023, 06:54
Author Name: Proactive Investors
Views: 110682

NGG News  

National Grid's strategic pivot—will it deliver shareholder value?

By Proactive Investors
November 3, 2023

National Grid's strategic pivot—will it deliver shareholder value?

National Grid PLC (LSE:NG.) shareholders will be eager to see next Thursday if the grid operator can deliver on its promise to pivot away from ‘low more_horizontal

National Grid trading in-line, earnings weighted to second half

By Proactive Investors
October 5, 2023

National Grid trading in-line, earnings weighted to second half

National Grid PLC (LSE:NG.) reported trading remains in line with expectations, although it expects earnings to be more weighted to the second half, r more_horizontal

National Grid says lights will stay on this winter

By Proactive Investors
September 28, 2023

National Grid says lights will stay on this winter

The lights are expected to stay on this winter, according to National Grid PLC (LSE:NG.), in a welcome break from the looming threat of blackouts in more_horizontal

3 Stocks to Buy to Ride Europe's Coming Market Surge

By InvestorPlace
September 19, 2023

3 Stocks to Buy to Ride Europe's Coming Market Surge

Are you looking for European stocks to buy? Bloomberg recently reported details about Bank of America's (NYSE: BAC ) latest survey of European fund ma more_horizontal

SSE told to pay fine for overcharging National Grid by September

By Proactive Investors
July 25, 2023

SSE told to pay fine for overcharging National Grid by September

SSE PLC (LSE:SSE) has been told a fine for overcharging the UK's electricity system operator will have to be paid by September, as regulator Ofgem con more_horizontal

National Grid agrees to further sell down stake in UK gas network to Macquarie consortium

By Proactive Investors
July 19, 2023

National Grid agrees to further sell down stake in UK gas network to Macquarie consortium

National Grid PLC (LSE:NG.) has struck a deal to further sell down its ownership of the UK's gas network down to just 20%, for a price of £700mln. more_horizontal

Why National Grid's Electric Pivot Makes Sense

By GuruFocus
July 11, 2023

Why National Grid's Electric Pivot Makes Sense

National Grid PLC ( LSE:NG. , Financial) ( NGG , Financial) recently held an investor event that provided key insights into the company's important El more_horizontal

National Grid boss hits out at 10-year wait for new power lines

By Proactive Investors
July 11, 2023

National Grid boss hits out at 10-year wait for new power lines

National Grid PLC (LSE:NG.) boss John Pettigrew complained that new power lines could take a decade to build because of ineffective planning rules. more_horizontal


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