BTU Power agrees to buy PSEG stake in Meiya Power
Lawyers at Freshfields Bruckhaus Deringer's offices in Hong Kong and New York recently advised BTU Power Company (BTU) on its agreement to acquire a 50 per cent equity interest in Meiya Power Company Limited (MPC) from PSEG Global of the United States. BTU will pay approximately US$220m for the shares. The sale is expected to [...]