Financial Times FT.com

British Energy coy over EDF bid

By Ed Crooks

Published: May 15 2008 03:00 | Last updated: May 15 2008 03:00

British Energy is unlikely to make a decision on the takeover offer from Electricité de France for weeks, as it waits in the hope that more offers will emerge.

The nuclear generator's board meets today and tomorrow, with EDF's cash offer on the table. But the board is not expected to make a decision on whether to recommend the bid.

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