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(Bloomberg) -- A consortium led by Macquarie Group Ltd. and KKR & Co. is in advanced talks to buy the U.K. electricity distribution business controlled by Hong Kong tycoon Victor Li, in what could be one of the sectorâs largest deals this year, people familiar with the matter said.
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>>> Read more: Hong Kong Tycoon Victor Li Nears £15 Billion Sale of U.K. Power Assets to Private Investors
Most Read from Bloomberg
Russiaâs Rating Cut to Junk; Talks on Tap: Ukraine Update Ukraine Update: White House Rebuffs Calls for Ban on Russian Oil German Authorities Said to Deny Seizing Usmanov Yacht Chi...
>>> Read more: Hong Kong Tycoon Victor Li Nears £15 Billion Sale of U.K. Power Assets to Private Investors