Li Ka-Shing
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EDF agrees £5.8bn sale of UK networks to Li Ka-Shing

France's EDF, Europe's second largest utilities firm, has sold its UK power grids to one of Asia's richest men, Li Ka-Shing, for £5.8bn ($9.1bn).

EDF's UK network delivers power to almost eight million people in London and the South East of England.

Andrew Wood reports from the tycoon's home city, Hong Kong.

  • 30 Jul 2010