TXU divested itself of its European holdings in late 2002 and its Australian holdings in 2004, and in 2004 sold its natural gas properties to Atmos Energy.
TXU divested itself of its European holdings in late 2002 mainly due to the collapse of it's UK holdings and then its Australian holdings in 2004. Also in 2004 TXU sold its natural gas properties to Atmos Energy.