French 'seal nuclear firm takeover'

Published Date: 23 September 2008 Nuclear power firm British Energy looks poised to fall into foreign hands after it was reported French power giant EDF has agreed a £12.4 billion takeover of the firm. The deal is worth 774p a share, the Wall Street Journal said, 9p higher than a rebuffed offer made in July. EDF has called a press conference in Paris on Wednesday during which the deal will reportedly be... [read full story]                    

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