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  1. Business - Companies - ENERGY

    CLP deal may lead to spin-off of assets

    Posted Jul 29th 2013, 12:00am by Eric Ng

    ... and fund their operating costs. Moody's Investors Service said that while the acquisition would help CLP's Australian unit, EnergyAustralia, cut costs by enhancing the flexibility of asset management and streamlining operations, it would not have much impact on CLP's rating. "Moody';s further notes that EnergyAustralia has been looking to improve its profit ...

    http://www.scmp.com/business/companies/article/1292683/clp-deal-may-lead-spin-assets

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