Article: UBS Warburg Completes Enron North American Natural Gas and Power Trading Transaction.

NEW YORK -- UBS Warburg announced today that it has completed the transaction under which it has obtained from Enron an exclusive license to the technology to operate North American natural gas and power trading operations. The new business has been named UBS Warburg Energy and the online site branded http://www.ubswenergy.com/. UBSWenergy.com will be powered by the energy industry's leading e-commerce technology and provide real-time bid and offer prices for North American natural gas and power products. Operation of UBS Warburg Energy and UBSWenergy.com will begin this month.

UBS Warburg also announced that the senior management team that built the Enron ...

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