Engie (ENGI FP) is reportedly preparing to divest in France and the US, Bloomberg reports citing sources; to raise funds to acquire a UK power-distribution business

Engie's reported divestiture plans in France and the US indicate a strategic shift aimed at fundraising for a UK acquisition, potentially enhancing its market position in power distribution.

Newsquawk StaffPublished On the live feed at 5 more headlines followed before this page went public
Newsquawk headlinesUTC

Iranian Parliamentary Speaker Ghalibaf says two of the mutually agreed measures have yet to be implemented, they must be fulfilled before negotiations begin

US official said "experts from NSC, State Dept., and Defence Dept. are part of the US delegation to Islamabad", CBS reports

Engie (ENGI FP) is reportedly preparing to divest in France and the US, Bloomberg reports citing sources; to raise funds to acquire a UK power-distribution business

Iran's Military said its forces had their “finger on the trigger” and remained “fully ready” due to "Israeli and US failure to keep commitments", FT reports

US President Trump posts on Truth "Palantir Technologies (PLTR) has proven to have great war fighting capabilities and equipment. Just ask our enemies!!! President DJT"

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Free. No signup, no card.
Context

This move suggests a focus on growth in the UK market, which could impact investor sentiment and the competitive landscape within the utilities sector.

Related headlines

The whole workspace, free to try.

Try it free