PPL (PPL) has utility operations spread over the eastern United States as well as in the United Kingdom. PPL derives more than half of its earnings from its UK operations under the name PPL ...

Allentown utility company PPL Corp. on Thursday was a seller and a buyer, announcing a long-awaited deal to unload its United Kingdom utility business while also scooping up a Rhode Island company ...

(RTTNews) - PPL Corp. (PPL) announced Thursday that it has entered into definitive agreements to sell its U.K. utility business, Western Power Distribution or WPD, to National Grid plc (NG.L, NGG) for ...

US utility PPL is to acquire E.ON’s UK power networks for GBP3.5bn ($5.7bn) in cash to create one of the largest electricity distributors in Britain. Reuters reports that PPL, which beat a rival bid ...

Pennsylvania-based PPL is selling its United Kingdom utility business, Western Power Distribution, to the UK-based National Grid plc for close to 8 billion Euros (or $10 billion at current exchange ...

PPL made transformative moves in 2021, divesting its UK assets and acquiring Narragansett in the US. The company's focus on dividends has hurt its long-term prospects, with high payout ratios and ...

ALLENTOWN, Pa. - PPL Corporation has completed the sale of its U.K. utility business, Western Power Distribution. The sale to National Grid resulted in cash proceeds of about $10.7 billion, said PPL ...