1.   Another possibility is that South Western will agree to a higher bid from another British electricity utility.

2.   British electricity companies have become attractive targets.

3.   British electricity utility Seeboard Plc and U.S. oil company Amoco Corp. said they formed a joint venture to market natural gas in the U.K.

4.   Calenergy thus became the fourth American buyer of a British electricity supplier in the last two years.

5.   If the two pending bids succeed as expected, seven American utilities, including two joint partnerships, will own British electricity suppliers.

6.   In recent years, a string of U.S. utilities bought seven British electricity distributors.

7.   That attitude is not enough to satisfy most British electricity directors.

8.   The Energy Group owns the Eastern Group, a British electricity distributor, and several power plants.

9.   This is hog heaven for British electricity suppliers and their shareholders.

10.   U.K. electricity shares surged after government regulators cleared the first three proposed takeovers in the British electricity industry.