Utilities shares climbed. Exelon Corp.'s retail and wholesale power supplier, Constellation, wants to buy FirstEnergy Solutions Corp.'s retail power business for $140 million in cash. Chicago-based Exelon disclosed the purchase agreement in a securities filing Tuesday. Exelon said the deal would boost its footprint in Midwest and Mid-Atlantic states, where FirstEnergy Solutions focused its business.

 

Write to Amy Pessetto at amy.pessetto@dowjones.com

 

(END) Dow Jones Newswires

July 10, 2018 17:24 ET (21:24 GMT)

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