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Article: Business round-up.
- Article from:
- Lancashire Evening Post (Preston, England)
- Article date:
- September 15, 2006
CopyrightCOPYRIGHT 2006 Johnston Publishing Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Some other business stories making the news today.
Bidders named in water approach
The unnamed bidder behind a takeover approach for the owner of Anglian Water was today said to be a consortium that includes UK private equity group 3i and a Canadian government pension fund.
AWG, which owns Anglian and Hartlepool Water, said yesterday it had received "a preliminary approach".
Shares hit a record high - rising 11% to 1512p - valuing the company at around [pounds sterling]2.2bn.
The consortium includes CPP Investment Board of Canada, fund manager Colonial First Estate of Australia and 3i as a junior partner.
Pesticide rap for supermarkets