Portugal sells a part of REN

Source: Bloomberg
Portuguese government approved selling 40% of its share in REN Redes Energeticas SA (RENE) to State Grid International of China and Oman Oil Co. to fulfil the requirements of bailout agreement. State Grid will purchase a 25% stake while Oman Oil prepares to buy a 15% stake. The deal is valued at EUR 592 million. 
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Fri, 03 Feb 2012 11:11:35 GMT

S&P 500 index modestly climbs on jobless claims data

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Fri, 03 Feb 2012 10:40:31 GMT

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