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Sovereign Wealth Funds Briefing - Categorized | Investment

Four buyers keen to make bids for EDF

Posted on 01 March 2010

From Telegraph: The £4bn sale of French power giant EDF’s electricity distribution network has been put back on track with first-round bids expected by the middle of March. A consortium including Australian infrastructure group Macquarie, the Canadian Pension Plan and Abu Dhabi’s sovereign wealth fund ADIA, is understood to be working on a joint £4bn bid.

Sources close to the situation said EDF, which is being advised by Deutsche Bank, Barclays Capital and BNP Paribas, sent out sale documents for the process earlier this month…………………………………….Full Article: Source

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