Li Ka-Shing, Asia’s richest man, buys EDF’s UK power grids for £5.8bn

July 31, 2010

Li Ka-Shing, Asia’s richest man, buys EDF’s UK power grids for £5.8bn
LI Ka-Shing, Asia’s richest man, has bought EDF’s British electricity network business for £5.8bn in a deal that will see its £500m pension deficit for UK workers reduced by a quarter.