Summary
INTERNATIONAL Power yesterday reported a sharp rise in profits but was silent on whether it was willing to pay more for Europe's biggest coal-fired power station.
The utility giant, which had a pounds 2bn bid proposal rejected by North Yorkshire-based Drax last month, said pre-tax profits of pounds 345m during the nine months to September 30 were double its haul at the same stage of last year.See the full content of this document
Extract
Utility Giant Doubles Profits
Its interest in Drax could stem from t...
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