Financial Times FT.com

Acquisitions have led to balance sheet pressure

By Peggy Hollinger in Paris

Published: May 11 2009 22:33 | Last updated: May 11 2009 22:33

The ink had hardly dried on Monday on EDF’s deal to sell a 20 per cent stake in British Energy to Centrica than the French group’s chief executive Pierre Gadonneix was already hawking new shares to other potential investors.

Anyone was welcome to come in, he said, as long as they were prepared to pay the right price for a stake in the UK nuclear power producer.

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