| After the nuclear power company British
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| | following the report as the renewed
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| Energy announced that it was thinking
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| | speculation and prospect of an imminent
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| about takeover approaches earlier this
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| | deal excited the investors considerably.
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| year, and then subsequently held talks
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| | British Energy's eight nuclear power
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| and meetings with EDF of France, E.ON and
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| | stations are Dungeness B in Kent,
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| RWE of Germany, and Iberdrola of Spain.
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| | Hartlepool, Heysham 1 and 2 in
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| It is the French energy power house that
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| | Lancashire, Hinkley Point B in Somerset,
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| has emerged as the only formal bidder for
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| | Hunterston B in Ayrshire, Sizewell B in
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| the takeover and is now only days away
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| | Suffolk and Torness in East Lothian. The
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| from clinching the £12 billion
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| | group, which has around 6,000 staff, also
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| deal.
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| | owns a coal-fired power station at
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| EDF has been one of the leading
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| | Eggborough, East Yorkshire.
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| contenders to buy British Energy since
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| | EDF executives now hope to be able to
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| the British Government effectively put
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| | announce a deal imminently. Centrica, the
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| the power company up for sale by
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| | British power company, is also involved
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| announcing it wanted to sell its 35%
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| | in some negotiations with EDF, they are
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| stake in the nuclear operator.
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| | seeking to secure a deal that would see
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| According to the BBC, EDF is now prepared
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| | it acquire 25% of British Energy.
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| to pay as much as 775p per share, after
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| | The decisive takeover price for British
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| British Energy released that none of the
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| | Energy is still under last-minute
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| potential deals took into account the
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| | discussions, but could go above the 750p
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| soaring wholesale electricity costs and
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| | share mark, valuing it at between
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| the prospective role of its sites and the
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| | £11bn and £12bn. That would
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| allotted plans that were in development
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| | secure the Government as much as
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| in conjunction to Britain's nuclear power
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| | £4bn. However, the net cash has
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| supply.
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| | already been marked for the decommission
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| Shares in British Energy, which is
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| | costs that are connected with dismantling
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| capable of producing around one-sixth of
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| | nuclear power stations, nearing the end
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| the UK's energy needs, rose to almost 6%
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| | of their lives.
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