National Grid Said to Pick Macquarie, Fosun Bids as CPPIB Exits

  • Second-round bids for U.K. power grids said due in November
  • CKI said to analyze regulatory hurdles tied to National Grid

National Grid Plc has selected a consortium of investors that includes Allianz SE and the infrastructure arm of Australian investment bank Macquarie Group Ltd. as potential bidders for its U.K. gas distribution business, people familiar with the matter said.

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