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Transportation & Distribution

PPL completes offering

PPL Corporation (NYSE: PPL) today (6/28) announced the settlement of its concurrent offerings of common stock and equity units to complete the equity portion of the financing for the acquisition of E.ON U.S., LLC, the parent company of Louisville Gas and Electric Company and Kentucky Utilities Company.rnr

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National Penn sells Christiana for $34.5 million

BOYERTOWN, PA – June 24, 2010 – National Penn Bancshares, Inc. (NASDAQ: NPBC), the parent company of National Penn Bank and Christiana Bank & Trust Company (Christiana), announced today that it has signed a definitive agreement under which WSFS Financial Corporation (NASDAQ: WSFS) would acquire the stock of Christiana for a cash purchase price of $34.5 million.

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OraSure gets FDA approval for Hepatitis C test

BETHLEHEM, Pa., Jun 25, 2010 (GlobeNewswire via COMTEX) --OraSure Technologies, Inc. (Nasdaq:OSUR) announced today that its OraQuick(R) Hepatitis C ("HCV") Rapid Antibody Test has been approved by the U.S. Food and Drug Administration ("FDA") for use in detecting HCV antibodies in venous whole blood specimens, making it the first rapid HCV test approved by the FDA for use in the United States.rnr

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Olympus Corp. to acquire Spiration Inc.

Olympus Corporation (President: Tsuyoshi Kikukawa) (“Olympus”) is pleased to announce that an agreement was reached with Spiration, Inc. (Head Office: Redmond, Washington, U.S.A; President and CEO: Rick Shea) (“Spiration”) in which all shares of Spiration® will be acquired by Olympus Corporation of the Americas, a North American subsidiary of Olympus.

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PECO completes third electricity purchase

PHILADELPHIA (June 23, 2010) – In preparation for the final transition to a competitive electric market in Pennsylvania, PECO recently completed the third of four planned electricity purchases to serve customers who have not chosen a competitive electric generation supplier beginning Jan. 1, 2011.rn r

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PPL prices stock offering

PPL Corporation (NYSE: PPL) today (6/22) announced that it has priced its concurrent offerings of common stock and equity units, the proceeds of which will be applied to fund a portion of the purchase price of its recently announced acquisition of E.ON U.S., LLC, the parent company of Louisville Gas and Electric Company and Kentucky Utilities Company.

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