10th Jul 2006 15:08
National Grid PLC10 July 2006 10 July 2006 UPDATE ON NATIONAL GRID ACQUISITION OF KEYSPAN National Grid today announces that the Federal Trade Commission granted earlytermination of the waiting period under the Hart-Scott-Rodino AntitrustImprovements Act (HSR) for its proposed acquisition of KeySpan Corporation. HSRpermits the US federal government to review certain proposed transactions forpotential effects on competition. Remaining approvals for the acquisition include clearance under foreigninvestment laws; authorisation by the Federal Energy Regulatory Commission andby state public utility regulatory commissions, including from the New YorkPublic Service Commission and the New Hampshire Public Utilities Commission. CONTACT DETAILS InvestorsDavid Campbell +44 (0)20 7004 3170 +44 (0)7799 131783 (m)Richard Smith +44 (0)20 7004 3172 +44 (0)7747 006321 (m) MediaClive Hawkins +44 (0)20 7004 3147 +44 (0)7836 357173 (m) Citigate Dewe Rogerson +44 (0)20 7638 9571Anthony Carlisle +44 (0)7973 611888(m) This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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