Utilities Up Amid Deal Activity -- Utilities Roundup
May 21 2018 - 5:22PM
Dow Jones News
Shares of power-plant operators rose amid deal activity. NextEra
Energy agreed to buy a utility and other Florida assets from
Southern Co. for $5.1 billion in cash, as the largest utility
company by market value continued its expansion. An increase in
Treasury rates moderated late Monday, giving the utility sector
another lift.
-Rob Curran, rob.curran@dowjones.com
(END) Dow Jones Newswires
May 21, 2018 17:07 ET (21:07 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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