REPORT: ALLIANT CHINA ASSETS SALE NEAR.(BUSINESS)(MARKET MEMO)(Column)

From: The Capital Times (Madison, WI) | Date: January 18, 2006 | Copyright information

THAILAND'S LARGEST COAL MINING COMPANY, BANPU PCL, IS CLOSE TO BUYING A LARGE PART OF MADISON-BASED ALLIANT ENERGY'S POWER ASSETS IN CHINA TO COMPLEMENT ITS NEWLY ACQUIRED COAL MINING BUSINESS THERE, REUTERS NEWS SERVICE REPORTED.

Reuters reported that two sources said Banpu was poised to sign a final agreement on the acquisition, barring a last-minute change to the negotiations.

Alliant has stakes in 10 power plants in China that it has been seeking to sell ...

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