Engie shares jump on $14 billion UK power grid deal
26/02/2026 08:42
By America Hernandez PARIS, Feb 26 - Shares in French utility Engie ENGIE.PA hit their highest since September 2009 on Thursday, after the company announced it would buy UK Power Networks from Hong Kong-listed CK Infrastructure Holdings 1038.HK for 10.5 billion pounds ($14.21 billion). Shares were up 7% at 29.49 euros at 0838GMT, and heading for their biggest single-day rise since March 2022. ($1 = 0.7391 pounds) (Reporting by America Hernandez in Paris) ((america.hernandez@thomsonreuters.com; +33623014155))
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