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Analysts like timing of PPL's UK business sale, speculate on potential buyers

Aug 13, 2020 - SNL Energy Finance Daily
Mergers and Acquisitions-Financial Results

Financial analysts judged PPL's plan to sell its U.K. business, Western Power Distribution, as well timed, given political developments in Great Britain and demand by U.S. investors for simplified, regulated utility business models.

Financial analysts judged PPL Corp.'s plan to sell its U.K. business, Western Power Distribution PLC, as well timed, given political developments in Great Britain and demand by U.S. investors for simplified, regulated utility business models.

PPL announce...