UK investigates sale of National Grid's gas transmission business, report says

LONDON – Britain has launched an investigation below new nationwide safety guidelines into the sale of a 60% stake in Nationwide Grid’s fuel transmission and metering enterprise to a consortium led by Australia’s Macquarie, the Telegraph reported on Sunday.

Nationwide Grid agreed to promote the unit for an enterprise worth of about 9.6 billion kilos ($12.7 billion) in March.

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