National briefs: Pressure for energy merger
Huddersfield Daily Examiner (Huddersfield, England), August 25, 2008
THE biggest City shareholder in British Energy has called for the nuclear power firm to merge with gas supplier Centrica. Neil Woodford, head of investment at Invesco, which owns a 15% stake in British Energy as well as 5% of Centrica, is quoted as describing such a tie-up as the "obvious solution" to the future of both companies.
COPYRIGHT 2008 MGN Ltd.
COPYRIGHT 2008 Gale, Cengage Learning
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