Wednesday 23rd August 2017
Sempra beats Buffett to $9.5bn Oncor
US utility Sempra Energy is set to buy grid giant Oncor for $9.5bnafter beating Warren Buffett’s Berkshire Hathaway to the deal.
Last month, Berkshire Hathaway agreed to buy Energy Future Holdings, which owns 80% of Oncor, the largest electricity transmission utility in US state Texas. However, Sempra said on Monday it has agreed a $9.45bn acquisition o ...
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