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27 September, 2006 - 12:25 By Staff Reporter

AWG could be set for takeover

Huntingdon based utility AWG could be set to agree a £2.2bn takeover from an Australian-led international consortium.The consortium comprises Melbourne-based Industry Funds Management, compatriots Colonial First Estate and Macquarie Bank, the private equity group 3i, the ubiquitous Goldman Sachs and the Canadian pension fund manager, CPP Investment Board.

AWG Plc is a FTSE250 company with 9,000 staff based in offices across the UK.

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