French Close in On Pounds 12.4bn Be Takeover ; in Association with Rensburg Sheppards

Summary


NUCLEAR power firm British Energy yesterday looked poised to fall into foreign hands after it was reported French power giant EDF has agreed a pounds 12.4bn takeover.

The deal is worth 774p a share, the Wall Street Journal said, 9p higher than a rebuffed offer made in July.

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French Close in On Pounds 12.4bn Be Takeover ; in Association with Rensburg Sheppards

EDF has called a press conference in Paris today during which ...

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