Huwebes, Oktubre 22, 2015

EFH sues Oncor minority stakeholder to speed $18B Hunt takeover

Energy Future Holdings Corp. is suing to force a Canadian investment group to surrender its minority ownership stake in EFH’s Oncor Electric Delivery business in order to clear the path for the bankrupt company's $18 billion reorganization. EFH's plan to sell its 80 percent stake in Oncor to a group led by Hunt Consolidated Inc. as a strategy to exit bankruptcy. Oncor operates the largest electric distribution and transmission system in Texas. Texas Transmission Investment LLC, a Canadian investment…

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