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UK competition regulator to look into Brookfield's stake buy in Scotia Gas

UK competition regulator to look into Brookfield's stake buy in Scotia Gas
UK competition regulator to look into Brookfield's stake buy in Scotia Gas   -   Copyright  Thomson Reuters 2022
By Reuters

– UK’s competition watchdog said on Tuesday it was looking into the potential purchase of a stake in Scotia Gas Networks by Canada’s Brookfield Asset Management Inc.

UK power producer SSE in August agreed to sell its entire 33.3% stake in Scotia Gas Networks for 1.23 billion pounds ($1.67 billion) to a Canadian consortium of Ontario Teachers’ Pension Plan Board and Brookfield Super-Core Infrastructure Partners.

($1 = 0.7358 pounds)