NextEra Energy Inc. is in talks aimed at saving its acquisition of Oncor, one of the country’s largest electricity transmissions businesses, after Texas regulators rejected the deal, lawyers told a bankruptcy judge Monday. Texas’ Public Utility Commission last week blocked NextEra’s proposed takeover as a transaction not in the public interest. The “no” from regulators upset not only NextEra’s $18.4 billion transaction but also the...

Source: Wall Street Journal April 17, 2017 16:52 UTC