On Sunday it seemed that Hong Kong billionaire Li Ka-shing was close to buying E.On's (EONGY.PK)...

|By:, SA News Editor

On Sunday it seemed that Hong Kong billionaire Li Ka-shing was close to buying E.On's (EONGY.PK) U.K. power assets for $6B; now CNBC says American supplier PPL (PPL -1.7%) is close to a purchase, for $6B in cash. PPL bought Kentucky assets from E.On last year, in the biggest power-sector deal in years.