| Add RSS Feed

24 June 2003 - French utility group Suez has increased its holding in Belgian power company Electrabel with share purchases in the last month.

Suez has raised its stake from 51.16 percent from 50.01 percent, according to a statement released on Monday by Euronext. Suez bought an additional 630 325 shares in Electrabel.

A take-over of Electrabel by Suez has been rumoured for some time and Suez is in the midst of negotiating the possible sale of a number of Belgian assets to Electrabel, including its stakes in natural gas trader Distrigas.

| Add RSS Feed

---

More Business Articles >

Search Archives >

Power Engineering Article Categories:

Business		Projects/Contracts
Industry News		Deregulation
Environmental		Русский язык
Power Generation Young Professionals		Honeywell Automation & Control Solutions
HoneyWell Press Releases		HoneyWell Product Information
Power Engineering International Current Issue Table of Contents
Power Engineering Current Issue Table of Contents
Potencia Current Issue Table of Contents
Nuclear Power International Current Issue Table of Contents
Middle East Energy Current Issue Table of Contents

---

Search Products Buyer's Guide >

Search Industry Jobs >

Magazine & E-Newsletter Subscriptions >