France's Engie Looks to Power Up Earnings via Acquisitions -Reuters
March 06 2018 - 7:30AM
Dow Jones News
--Power utility Engie is seeking to generate cash via
acquisitions after the sale of EUR15 billion in so-called old-world
assets blew "a hole" in its earnings, Reuters says, citing unnamed
sources.
--According to Reuters, Engie's management presents potential
acquisitions to the board every three months and bankers have named
Dutch utility Eneco as a possible target.
--Engie issues results for 2017 on Thursday.
Full story: http://bit.ly/2oPlgf9
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(END) Dow Jones Newswires
March 06, 2018 08:15 ET (13:15 GMT)
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