Just Energy Group Inc closes the sale of Hudson Energy Supply UK

  • Dec 01, 2019 GMT
  • Team Kalkine
  • Just Energy Group Inc (LON: 48IL) has closed its previously announced sale of Hudson Energy Supply UK Limited (Hudson UK) to Shell Energy Retail Limited.
  • The sale has further advanced the company’s efforts to streamline the organisation and concentrate on the higher-margin North American operations.
  • As per the share purchase agreement, the total amount of the closing consideration obtained by the company was of around £1.5 million.

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