Deutsche may stop Vivendi selling VE shares 15 Nov 2002 The German bank is considering holding Vivendi to a lockup agreement stopping it selling shares in its Vivendi Environnement affiliate. If Vivendi cannot raise E1.8bn from selling the stake, it will find it harder to finance its battle with Vodafone for control of Cegetel.
Red Electrica whips out the cheque book 6 Nov 2002 The Spanish utility is spending on electric grids as though there is no tomorrow. But is it being too ambitious? The E1.5bn price tag is a punchy oneandahalf times Red Electrica s market capitalisation.
ScottishPower plays it coy over possible SSE merger 5 Nov 2002 A tieup with Scottish & Southern is such an obvious deal it should have happened by now. So why hasn t it? Regulatory issues are not the real problem. ScottishPower s low share price is. That, plus the two firms traditional hostility.