Summary
NATIONAL Grid Transco has spelt out the way it will return Pounds 2bn to investors in mid-2005 when it completes the Pounds 5.8bn sale of four UK regional gas networks, writes Brian O'Connor.
It will issue B shares worth 65p each which investors can sell back to it then or later to suit their tax bills.See the full content of this document
Extract
Grid Ready to Shell Out Pounds 2bn in B Shares
NGT hopes regulator Ofgem will clear the sale by May.
Chief ex...See the full content of this document
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