Hastings Funds Management Limited is known to be considering acquiring National Grid plc (LSE:NG.).Street Talk reported that Hastings is in early discussions to join a consortium - spearheaded by China Resources Gas Group Limited (SEHK:1193) and Fosun International Limited (SEHK:656), that is coming together a week from the auction's indicative bid date. The consortium is working with Goldman Sachs, is known to be talking to other potential members aside from Hastings. The new bid group would take on two "mega-consortiums", one headed by Macquarie Group Limited (ASX:MQG) and another by Canada Pension Plan Investment Board.
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