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Logica has won a £80m IT outsourcing contract from Hyder, and will take on 350 Hyder staff and a data centre in south Wales. 16-Mar-2001 Hyder has sold Phoenix Electrical, the specialist contractor to the construction industry, to a management team. 05-Mar-2001 United Utilities is to buy the non-regulated water supply and waste water operations of Hyder from Western Power Distribution for £75m, allowing WPD to focus on Hyder's power business. 22-Dec-2000 Nomura International is to acquire Hyder Business Services, the supplier of business process outsourcing services to local authorities, from Hyder for £100m. 29-Nov-2000 Hyder, the Welsh utility, is expected to be acquired by Western Power Distribution of the US for £565m, as the Takeover Panel has dismissed an attempt by Nomura to stop the deal. 17-Aug-2000 Hyder, the water and electricity supplier, has agreed to a £402m takeover offer from Nomura International, and Nomura has pledged to keep the group headquarters in Cardiff. 19-Apr-2000 Hyder, the Welsh utilities group, has announced that discussions are taking place with a number of parties about a range of strategic options, which could lead to an offer for the whole company. 29-Mar-2000 Hyder is planning to set up a commercial customer call centre in Cwmbran for its business services division, with the creation of 300 jobs. 28-Jan-2000 Hyder is to invest £30m in Lincoln in order to run financial services for Lincolnshire County Council, and up to 500 jobs will be created on top of the 700 employees being transferred from the council. 29-Oct-1999 Hyder has opened a £3m power plant running on methane gas at Tower Colliery near Aberdare, which will make the mine self-sufficient in electricity. 13-Oct-1999 Hyder has warned that it may cut more than 600 jobs in its Welsh water business because of price constraints imposed by Ofwat. 16-Sep-1999 Hyder is considering plans to generate electricity from windfarms off the coast of Wales. 07-Jul-1999 British Energy is acquiring the retail energy supply units of South Wales Electricity from Hyder for £105m, but Hyder will continue to transmit power to the customers and provide back-up office functions under a five-year contract. 24-Jun-1999 Hyder has won a long-term contract to provide an IT bureau service to the Patent Office, and it will base the operation at its data centre in Bridgend. 25-May-1999 Hyder has received a number of approaches from companies interested in buying its south Wales-based power supply business, which is thought to be worth up to £150m. 13-May-1999 Hyder, the Welsh utility group, is considering plans to sell electricity and gas to 10m households in England. 29-Mar-1999 Hyder is planning to set up a 3MW electricity generation plant at the Lamby Way landfill site in Cardiff. 02-Dec-1998 Hyder has won preferred bidder status to upgrade and operate the Kinnegar waste-water works in Northern Ireland. 23-Oct-1998 Tower Colliery in Wales is to link up with Hyder to build a £3m generating plant to convert methane gas from the mine into electricity to power the mine, and Hyder will sell surplus capacity to other customers. 21-Sep-1998 Hyder is looking to sell its 36% stake in Severoceske Vodovody a Kanalizace, the Czech water company, as it is said to be disappointed by the returns from the business. 17-Sep-1998 John Laing has formed a joint venture company with Hyder called Laing Hyder, which will bid for private finance initiative building and accommodation projects. 07-Sep-1998 Hyder is raising $500m in a debt issue in the US, to help finance its Welsh water infrastructure programme up to the year 2000. 06-Dec-1997 Hyder is acquiring a 20% stake in the China Water Company, the Hong Kong-based company that contracts others to build water plants in China, for £6.7m. 16-Oct-1997 Hyder is to shed 350 jobs by combining the managements of its two subsidiaries - South Wales Electricity and Welsh Water. 03-Oct-1997 Hyder aims to attract about 800,000 customers when the Welsh domestic gas market is opened up to competition, and will recruit about 200 new staff to its Swalec Gas business. 25-Jun-1997 The UK Highways M40 consortium, which includes Hyder Welsh, Tarmac, John Laing and two French companies, has won a £100m contract to widen and maintain the M40 motorway between London and Birmingham. 09-Oct-1996 Hyder, the water and power utility formed when Welsh Water bought Swalec, is to cut 10% of its 9,000 jobs to save £100m a year by the year 2000. 20-Jun-1996
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