Financial Times FT.com

Suez rules out British Energy bid

By FT Reporters

Published: May 23 2008 09:16 | Last updated: May 23 2008 09:16

Suez, the French utility, on Friday ruled itself out of the bidding for British Energy to concentrate on its merger with rival Gaz de France.

Suez had not been considered a serious candidate to lead a bid for the UK nuclear power generator, but had been seen as a potential partner for Centrica, the UK energy group that has also been linked with a possible bid for British Energy.

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