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Wednesday, April 7, 2010 as of 11:14 AM ET

Fukushima Nuclear Power Plant

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  1. Nuclear Plant Accident
  2. Tokyo Electric Power Company
  3. Chernobyl Disaster
  4. Indian Point Nuclear Reactor
  5. Japan Earthquake
  6. Nuclear Power
Get updates on Fukushima Nuclear Power Plant
AGL Launches A$900 Million Share Issue As Loy Yang Buy Cleared

Australia's competition watchdog on Thursday cleared the way for AGL Energy Ltd.

(AGK.AU) to fully acquire the Loy Yang A power station in Victoria state and launch a 900 million Australian dollar (US$877 million) share issue to help fund the deal.The decision will be welcomed by part-owner Tokyo Electric Power Co. (9501.TO) as it reviews assets around the world to repair a balance sheet rocked by last year's Fukushima Daiichi nuclear disaster.Gaining antitrust approval for the deal was no certainty and a one-month delay by the regulator in making its final decision had put the market on edge. The Australian Competition & Consumer Commission, or ACCC, in 2003 blocked AGL from taking its initial stake in the asset only to have its decision overturned by Australia's Federal Court.In a transformation of its view, the ACCC said Thursday that AGL's acquisition of the 67.5% of the coal-fired power station it doesn't already own is unlikely to substantially reduce competition in electricity g...

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  1. U.S. Nuclear Regulatory Chief Resigns

    Gregory Jaczko, chairman of the U.S. Nuclear Regulatory Commission, said o n Monday he would resign, after a year of intense criticism of his abrasive management tac...

  2. Japan To Nationalize Tepco For �1 Trln: Reports

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