November 25, 2019 / 9:50 AM / 11 days ago

BRIEF-SSE Says Swiss Unit To Be Holding Co For Electricity Transmission & Distribution Networks

Nov 25 (Reuters) - SSE PLC:

* INCORPORATED IN SWITZERLAND A DIRECT & WHOLLY-OWNED UNIT CO TO ACQUIRE, OVERSEE AND HOLD INVESTMENTS OR OTHER FINANCIAL ASSETS

* UNIT IN SWITZERLAND HAS BECOME HOLDING CO FOR SSE’S ELECTRICITY TRANSMISSION & DISTRIBUTION NETWORKS THROUGH SHARE-FOR-SHARE EXCHANGE

* INCORPORATION OF SWISS CO ALSO AN ADDITIONAL SAFEGUARD SHOULD CO’S ELECTRICITY NETWORKS BUSINESSES AND INTERESTS FACE NATIONALISATION Further company coverage:

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