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United Kingdom

Southern Company Gas to sell Elizabethtown Gas and Elkton Gas to South Jersey Industries in $1.7 billion deal


Monday, 16 Oct 2017 

Oct 16 (Reuters) - Southern Co ​:Southern Co - deal for ‍approximately $1.7 billion​.Southern Co - ‍Goldman Sachs & co LLC is serving as exclusive financial advisor and Baker Botts LLP is serving as legal counsel to Southern Company​.Southern Co - deal will involve approval by NJBPU and MPSC, expiration or termination of any applicable waiting period under Hart-Scott-Rodino Act.Southern Co - deal will also involve certain limited approvals by Federal Energy Regulatory Commission and Federal Communications Commission​.