BE backer 'proposes Centrica tie'

British Energy's biggest investor, Invesco, has called for the nuclear power generator to merge with British Gas owner Centrica, it is reported.

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Neil Woodford, investment head at Invesco, which has a 15% stake in British Energy, said merger was the way forward for the two energy firms. "Together they can work out a joint venture with EDF to build nuclear sites," he told the Sunday Telegraph.

Full Story: BE backer 'proposes Centrica tie'

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