Singapore Power Unit May Raise US$1.1Bn in IPO

According to this article posted on Bloomberg News, it looks like a big deal. Here are some details:

Company: Singapore Power - Australian transmission businesses
Target Market: Australia - Possibility of Singapore too
Investment Banks which have been invited for proposals: CSFB, Morgan Stanley, UBS AG, JP Morgan Chase

More information available on this link:

http://www.bloomberg.com/apps/news?pid=10000081&sid=ahj_uFrq8Nu4&refer=australia