Centrica PLC (LON: CNA) is increasing in value against the background of a deal with Suncor Energy Inc. (NYSE: SU)

Centrica PLC (LON: CNA) shares rise above

In brief: Centrica PLC (LON: CNA) is going to buy Suncor Energy Inc. (NYSE: SU) gas assets for $ 359 million - said the company press-service.

Suncor Energy Inc. (NYSE: SU) shares are reduced to 31.74 points, losing -0.21 (-0.66%). Centrica PLC (LON: CNA) was 330.00 points, gaining +10.30 (3.22%) in anticipation of a new deal.

Largest in the UK electricity supplier Centrica has agreed to buy gas assets in the Canadian province of Alberta, owned by Suncor Energy, for C $ 375 million ($ 359 million). As the representatives of the Canadian unit Centrica, the acquisition will increase the total gas resources of the company by 60%.

Ukrainian Globalist
2010-08-12 15:38, Economics.

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