Tuesday, May 22, 2007

M&A in utilities sector seen powering on - KPMG survey

May 21 - Forbes.com - Mergers and acquisitions in the power and utilities sector is set for a period of brisk activity, according to a poll by accounting firm, KPMG.

'Some of the mid to large utility players look set to pursue mega-deals to shore up their position in the highly competitive market over the coming year,' it said after surveying 40 senior executives from the largest global power and utilities companies. Read More.

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