CLP deal may lead to spin-off of assets

CLP's A$475 million (HK$3.4 billion) acquisition of two power plants in Australia is a step towards making its energy assets there more marketable to investors as a separate listed unit in future, even if by itself it is not a major strategic move, according to analysts.

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