Hyder (defunct Company)
Hyder was a Welsh water, gas and electricity multi-utility and infrastructure company created in 1996. It broke up in 2001 following a financial crisis. History Hyder PLC was created in 1996 following the takeover by Welsh Water of the electricity company SWALEC for £872m. By 1998 it was Wales' largest independent private employer, and had quadrupled its turnover since SWALEC was privatised in 1990. (since 1996?). Hyder owned Swalec and Swalec Gas brands and combined international, leisure, infrastructure and construction interests. Other subsidiary companies/brands of Hyder included Transis (operator of fleet vehicles), Laing Hyder (construction consortium), Hyder Investments, Celtic Infrastructure and Lusis (IT provider), several hotels in Wales, a small stake in cable company NTL and a 36% stake in Severoceske Vodovody a Kanalizace, the Czech water company. However, the debt taken on to finance the takeover of Swalec left the company vulnerable to external shocks. In thes ...
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Hyder
Hyder can refer to: Places *Hyder, Alaska, U.S. **Hyder Seaplane Base *Hyder, Arizona, U.S. ** Hyder Valley * Hyder Creek, is a river in New York, U.S. Other uses * Hyder (defunct company), a former Welsh utility company ** Hyder Consulting, a subsidiary company, an advisory and design consultancy * Hyder (name) See also * * Ghulam Hyder Siyal, village in Sindh, Pakistan *Hyderabad Hyderabad ( ; , ) is the capital and largest city of the Indian state of Telangana and the ''de jure'' capital of Andhra Pradesh. It occupies on the Deccan Plateau along the banks of the Musi River (India), Musi River, in the northern part ...

Takeover
In business, a takeover is the purchase of one company (the ''target'') by another (the ''acquirer'' or ''bidder''). In the UK, the term refers to the acquisition of a public company whose shares are listed on a stock exchange, in contrast to the acquisition of a private company. Management of the target company may or may not agree with a proposed takeover, and this has resulted in the following takeover classifications: friendly, hostile, reverse or back-flip. Financing a takeover often involves loans or bond issues which may include junk bonds as well as a simple cash offers. It can also include shares in the new company. Types Friendly A ''friendly takeover'' is an acquisition which is approved by the management of the target company. Before a bidder makes an offer for another company, it usually first informs the company's board of directors. In an ideal world, if the board feels that accepting the offer serves the shareholders better than rejecting it, it recommend ...
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Defunct Energy Companies Of The United Kingdom
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ...

Millennium Stadium
The Millennium Stadium ( cy, Stadiwm y Mileniwm), known since 2016 as the Principality Stadium ( cy, Stadiwm Principality) for sponsorship reasons, is the national stadium of Wales. Located in Cardiff, it is the home of the Wales national rugby union team and has also held Wales national football team games. Initially built to host the 1999 Rugby World Cup, it has gone on to host many other large-scale events, such as the Tsunami Relief Cardiff concert, the Super Special Stage of Wales Rally Great Britain, the Speedway Grand Prix of Great Britain and various concerts. It also hosted FA Cup, League Cup and Football League play-off finals while Wembley Stadium was being redeveloped between 2001 and 2006, as well as football matches during the 2012 Summer Olympics. The stadium is owned by Millennium Stadium plc, a subsidiary company of the Welsh Rugby Union (WRU). The architects were Bligh Lobb Sports Architecture. The structural engineers were WS Atkins and the building co ...
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Welsh Development Agency
Welsh Development Agency (WDA; cy, Awdurdod Datblygu Cymru) was an executive agency (or QUANGO) and later designated an Assembly Sponsored Public Body (ASPB). Established in 1976, it was tasked with rescuing the ailing Welsh economy by encouraging business development and investment in Wales, clearing derelict land and encouraging growth of local businesses. In April 2006 the WDA was abolished and its functions were transferred into the Welsh Government. History The WDA was established under the Welsh Development Agency Act 1975 under the then Secretary of State for Wales John Morris MP for Aberavon. The WDA had four objectives: # furthering the economic development of Wales # promoting industrial efficiency and international competitiveness # creating and safeguarding employment # improving the environment having regard to existing amenity. The organisation worked to secure entrepreneurial growth in Wales by increasing the number of startup businesses and by persuadin ...
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Logica
Logica plc was a multinational IT and management consultancy company headquartered in London and later Reading, United Kingdom. Founded in 1969, the company had offices in London and in a number of major cities across England, Wales and Scotland, as well as in other countries around the world. It was responsible for many telecommunications infrastructure projects, such as the design of the SWIFT network for international money transfers, the Euronet packet-switching network, and the Bay Area Rapid Transit in San Francisco. Following the acquisition of CMG in 2002, the company was known as LogicaCMG from then until 2008, when it changed its name back to Logica. The company's main business at that point was in providing consulting, systems integration, and IT outsourcing in both the public and private sectors. Logica was acquired by Canada-based CGI Group in 2012 and the Logica brand name ceased being used in 2013. History Origins Logica was started as a systems integrati ...
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Hyder Consulting
Hyder Consulting was a multi-national advisory and design consultancy with particular specialisation in the transport, property, utilities and environmental sectors. The firm employed approximately 4,200 people across the UK, Europe, Germany, Middle East, Asia and Australia and had been listed on the London Stock Exchange since October 2002. The name Hyder is the Welsh word for "confidence". In October 2014 it was acquired by Arcadis NV. History Hyder was formed in 1993 when engineering firms Acer Group and Wallace Evans Ltd were acquired by Welsh Water and subsequently merged. Acer Group was itself an internationally recognised consultancy practice formed in 1987 by the merger of John Taylor and Sons (established 1739) and Freeman Fox and Partners (established 1857), and joined in 1991 by Sir Bruce White, Wolfe Barry, and Partners. Hyder Consulting was subsequently acquired by Western Power Distribution, which prompted Hyder's senior management to instigate a management buy-out ...
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Management Buy-out
A management buyout (MBO) is a form of acquisition in which a company's existing managers acquire a large part, or all, of the company, whether from a parent company or individual. Management-, and/or leveraged buyout became noted phenomena of 1980s business economics. These so-called MBOs originated in the US, spreading first to the UK and then throughout the rest of Europe. The venture capital industry has played a crucial role in the development of buyouts in Europe, especially in smaller deals in the UK, the Netherlands, and France. Overview Management buyouts are similar in all major legal aspects to any other acquisition of a company. The particular nature of the MBO lies in the position of the buyers as managers of the company and the practical consequences that follow from that. In particular, the due diligence process is likely to be limited as the buyers already have full knowledge of the company available to them. The seller is also unlikely to give any but the most ...
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Glas Cymru
Glas may refer to: * Hans Glas GmbH, a former German automotive company * ''Glas'' (film), a 1958 Dutch documentary film * ''Glas'' (book), a 1974 book by Jacques Derrida * ''Glas'' (publisher), a Russian publishing house * Glas (surname) * Eochaid Faebar Glas, a mythical High King of Ireland * Glas (political party), Croatian acronym of ''Građansko-liberalni savez'', Civic Liberal Alliance * ''Glas'', former name of '' Glas Srpske'', a Bosnian-Herzegovinian newspaper * Glas (TV channel), Ukrainian satellite channel See also * Eilean Glas, Scalpay, in the Outer Hebrides, Scotland * ''Doktor Glas'', a 1905 novel by Hjalmar Söderberg * Glass (other) Glass is an amorphous material commonly used in windows, tableware, optoelectronics, and decorative items. Glass or Glasses may also refer to: Common uses * Glass (drinkware), a drinking vessel * Glasses, spectacles or eyeglasses Arts, entertai ...

Company Limited By Guarantee
In British, Australian, Bermudian, Hong Kong and Irish company law (and previously New Zealand), a company limited by guarantee (CLG) is a type of corporation used primarily (but not exclusively) for non-profit organisations that require legal personality. A company limited by guarantee does not usually have a share capital or shareholders, but instead has members who act as guarantors of the company's liabilities: each member undertakes to contribute an amount specified in the articles (typically very small) in the event of insolvency or of the winding up of the company. A company limited by guarantee can distribute its profits to its members, if allowed to by its articles of association, but then it would not be eligible for charitable status. Like a private company limited by shares, a company limited by guarantee must include the suffix " Limited" in its name, except in circumstances specifically excluded by law. One condition of this exclusion is that the company does no ...
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Southern Company
Southern Company is an American gas and electric utility holding company based in the southern United States. It is headquartered in Atlanta, Georgia, with executive offices also located in Birmingham, Alabama. The company is the second largest utility company in the U.S. in terms of customer base, as of 2021. Through its subsidiaries it serves 9 million gas and electric utility customers in 6 states. Southern Company's regulated regional electric utilities serve a territory with of distribution lines. Overview Southern Company is one of the largest energy providers in the United States and is ranked 126th on the Fortune 500 listing of the largest U.S. corporations. The company has approximately 31,300 employees. It has more than 500,000 shareholders (NYSE: SO) and has been traded since September 30, 1949. Southern Company subsidiaries are operating or developing renewable: solar, wind, and biomass facilities across the U.S., as well as the first new nuclear units in the U.S. ...
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PPL (utility)
PPL Corporation is an energy company headquartered in Allentown, Pennsylvania in the Lehigh Valley region of eastern Pennsylvania. The company is publicly traded on the New York Stock Exchange. History Pennsylvania Power & Light was founded in 1920 out of a merger of eight smaller Pennsylvania utilities. It gradually extended its service territory to a crescent-shaped region of central and northeastern Pennsylvania stretching from Lancaster through the Lehigh Valley into Scranton and Wilkes-Barre. In 1995, it reorganized as a holding company, PP&L Resources, which changed its name to its current name, PPL Corporation, in 2000. The company limited its activities to Pennsylvania until deregulation of electrical utilities in the 1990s encouraged PPL to purchase assets in other states. The largest of these transactions was PPL's 1998 purchase of 13 plants from Montana Power (leaving NorthWestern Energy – the buyer of the former Montana Power transmission and distribution systems ...
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