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British Energy close to sale deal

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French energy firm EDF and British Gas owner Centrica are set to announce that they have bought UK nuclear firm British Energy, the BBC has learned.

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The BBC's business editor Robert Peston said EDF and Centrica will probably announce early next week they are paying more than £12bn for the company. British Energy, which owns eight UK nuclear power stations, has been on the auction block for months.

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This page contains a single entry by Nishikant published on July 24, 2008 5:46 PM.

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