Source: United States & Canada – South China Morning PostBritain’s National Grid said on Sunday it would sell a 60 per cent stake in its British gas transmission and metering business to Australia’s Macquarie Asset Management and Canada’s British Columbia Investment Management Corporation as it shifts towards electricity.The deal implies an enterprise value for the unit of about 9.6 billion pounds (US$12.7 billion), the company said in a statement.Macquarie said its investment will ensure the transmission system will play a leading role in delivering…Read More