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.)
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