Financial Times FT.com

UK would block British Energy deal

By Rebecca Bream and Jean Eaglesham in London

Published: August 4 2008 23:31 | Last updated: August 4 2008 23:31

The UK government would block any attempt by Centrica to merge with British Energy, the nuclear group, after the owner of British Gas said it was considering the idea.

Centrica said on Monday that it would pursue the idea of a merger with British Energy if a £12bn ($23.5bn) proposed takeover by EDF of France does not go ahead.

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