BRIEF-SSE Says Swiss Unit To Be Holding Co For Electricity Transmission & Distribution Networks [Reuters]
SSE PLC S/ADR (SSEZY)
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Source: Reuters
BRIEF-SSE Says Swiss Unit To Be Holding Co For Electricity Transmission & Distribution Networks Nov 25 (Reuters) - SSE PLC: * INCORPORATED IN SWITZERLAND A DIRECT & WHOLLY-OWNED UNIT CO TO ACQUIRE, OVERSEE AND HOLD INVESTMENTS OR OTHER FINANCIAL ASSETS * UNIT IN SWITZERLAND HAS BECOME HOLDING CO FOR SSE’S ELECTRICITY TRANSMISSION & DISTRIBUTION NETWORKS THROUGH SHARE-FOR-SHARE EXCHANGE * INCORPORATION OF SWISS CO ALSO AN ADDITIONAL SAFEGUARD SHOULD CO’S ELECTRICITY NETWORKS BUSINESSES AND INTERESTS FACE NATIONALISATION Further company coverage:
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