PPL Corp PPL:NYSE

Last Price$29.11NYSE Previous Close - Last Trade as of 5:00PM ET 11/27/20

Today's Change-0.28(0.95%)
Bid (Size)$29.02 (4)
Ask (Size)$29.23 (2)
Day Low / High$28.95 - 29.49
Volume2.6 M

Market Chatter: Brookfield Asset Management, Iberdrola Reportedly Eye PPL's $15.6 Billion UK Business

3:32PM ET 9/09/2020 MT Newswires
Brookfield Asset Management Inc (BAM) and Spain's Iberdrola are considering bids for PPL's (PPL) UK business, valued at about GBP12 billion ($15.6 billion), Bloomberg News reported Thursday, citing people familiar with the matter.

PPL has also approached National Grid Plc (NGG) and other utilities to check their interest in bidding, the people told Bloomberg, adding that PPL may launch first-round bids next month.

Other potential bidders include Australia's Macquarie Group., UK-based Dalmore Capital and Ontario Teachers' Pension Plan, according to the report.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 33.07, Change: +0.62, Percent Change: +1.92