Merrill Lynch tipped to bid for EKT

In an equity research note Prudential financial analyst David Trone said the investment bank is the most likely candidate to purchase the trading operation, which he has valued at around $1 billion. Merrill Lynch spokesman Michael Duvally said it was not policy to comment on market speculation.

EKT, with around 700 employees, is one of the largest energy trading companies in the US and Europe. It trades power, natural gas, US air pollution credits and weather derivatives. And unlike many of its

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

If you already have an account, please sign in here.


Want to know what’s included in our free registration? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here