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The information below comes from the UK Activity Report.
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CalEnergy CalEnergy has made a provision, thought to be about £100m, for the possible introduction of a windfall profits tax by a future Labour government. 17-Apr-1997 CalEnergy, the US power producer, is to set up a head office in Newcastle in order to expand its supply and distribution business in Europe and Asia. 13-Jan-1997 Northern Electric has now recommended the £782m takeover bid by CalEnergy to shareholders. 31-Dec-1996 CalEnergy of the US has been given UK government approval to go-ahead with its £782m hostile takeover bid for Northern Electric. 14-Dec-1996 Northern Electric has been in discussions with a potential white-knight bidder in order to fend off the £759m hostile takeover bid by CalEnergy. 30-Nov-1996 Northern Electric is facing a £766m hostile takeover bid from CalEnergy of the US, having had almost 13% of its shares captured in a dawn raid. 29-Oct-1996 The information above comes from the UK Activity Report Copyright UK Business Park 1995-2007