Sempra Energy took a step forward Wednesday in its pursuit of Oncor, the electricity transmissions business that has had takeover offers from a series of suitors, including, most recently, Warren Buffett’s Berkshire Hathaway Energy. A bankruptcy judge signed off on Sempra’s proposed acquisition, which still needs approval from the Public Utility Commission of Texas. State regulators have squashed two earlier attempted buyouts of...

Source: Wall Street Journal September 06, 2017 20:21 UTC