Engie shares jump on $14 billion UK power grid deal

 Shares in French utility Engie (ENGIE.PA), opens new tab hit their highest since September 2009 on Thursday, after the company announced it would buy UK Power Networks from Hong Kong-listed CK Infrastructure Holdings (1038.HK), opens new tab for 10.5 billion pounds ($14.21 billion). Shares were up 7% at 29.49 euros at 0838GMT, and heading for their biggest single-day rise since March 2022.

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