SSE Plc (LSE: SSE), has entered into an agreement to sell its SSE Energy Services business to OVO Energy Limited. The total sale agreement entered by the companies is at an enterprise value of £500 million, which includes cash of £400 million and loan notes worth £100 million. The deal slated to conclude in late 2019 or in the first part of 2020 will be used to reduce SSE's net debt.
On 13th September 2019, at the time of writing, GMT 12:28 PM, SSE shares were up by 16.00 points or 1.37% trading at GBX 1,182.00, against the closing price of the previous day.
With Bank of England reducing the interest rates to a historic low level, the spotlight is back on diverse investment opportunities.
Amidst this, are you getting worried about these falling interest rates and wondering where to put your money?
Well! Team Kalkine has a solution for you. You still can earn a relatively stable income by putting money in the dividend-paying stocks.
We think it is the perfect time when you should start accumulating selective dividend stocks to beat the low-interest rates, while we provide a tailored offering in view of valuable stock opportunities and any dividend cut backs to be considered amid scenarios including a prolonged market meltdown.