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British utilities stocks fall sharply as election looms

British utilities stocks fall sharply as election looms May 23 (Reuters) - UK utilities led fallers in early London trading on Thursday after Prime Minister Rishi Sunak called a surprise election in July the previous day, raising concerns over political risk in the sector. Also adding pressure was National Grid NG.L announcing plans to raise about 7 billion pounds ($8.9 billion) through a rights issue.
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British Business - May 15

PRESS DIGEST-British Business - May 15 May 15 (Reuters) - Following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Anglo American AAL.L is considering a stock market flotation of De Beers under plans to break up the miner's sprawling operations and see off a 34 billion pound ($42.83 billion) takeover approach by BHP BHP.AX .
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British power operator Drax reports $3.75 bln in forward sales

British power operator Drax reports $3.75 bln in forward sales April 25 (Reuters) - Drax Group DRX.L , the UK's largest source of renewable electricity, had around 3 billion pounds ($3.75 billion) of contracted forward power sales between 2024 and 2026 as of April 22, compared with 2.8 billion as of Feb. 26, it said on Thursday. The London-listed company also said expectations for full-year core profit were in line with analysts' consensus estimate of 968 million pounds.
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UK Stocks-Factors to watch on April 25

UK Stocks-Factors to watch on April 25 April 25 - Britain's FTSE 100 .FTSE index is seen opening lower on Thursday, with futures FFIc1 down 0.06%. * ANGLO AMERICA: Anglo American AAL.L said it had received an all-share buyout proposal from BHP Group BHP.AX , a deal that would create the world's biggest copper miner churning out around 10% of global output.
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Drax Finco Plc Priced Offering Of Euro Denominated 5-Year Senior Secured Notes In Aggregate Principal Amount Of Eur 350 Million

BRIEF-Drax Finco Plc Priced Offering Of Euro Denominated 5-Year Senior Secured Notes In Aggregate Principal Amount Of Eur 350 Million April 18 (Reuters) - Drax Group PLC DRX.L : DRAX GROUP PLC - PRICING OF OFFERING OF SENIOR SECURED NOTES DRAX GROUP PLC: DRAX FINCO PLC PRICED OFFERING OF EURO DENOMINATED FIVE-YEAR SENIOR SECURED NOTES IN AGGREGATE
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