Brief: UIL To Sell 1,371,124 Somers Shares To Settle £17.1m Loan
Nov 4 (Reuters) - UIL Ltd UTL.L: UIL LIMITED UIL FINANCE LTD - SALE OF INVESTMENT IN SOMERS LIMITED UIL LTD - TO SELL 1,371,124 SOMERS SHARES TO SETTLE £17.1M LOAN UIL LTD - SOMERS TO REPURCHASE 7,914,984 SHARES FROM UIL FOR £99.0M Source text: ID:nRSD1709Ga Further company coverage: UTL.L ((((Reuters.Briefs@thomsonreuters.com));))