Summary
SCOTTISHPOWER is in talks with E.ON about being taken over by the German heavyweight utility, which revealed in September it was considering a GBP10bnplus cash bid, it was reported last night.
News agency Reuters, quoting "people familiarwith the matter", said E.ON had now approached the Glasgow-headquartered utility and was in early-stage talks that could yet fall apart.See the full content of this document
Extract
Germans Begin Takeover Talks with Scottishpower
Spokesmen for both companies refused to comment last night.
Reuters' sources said a deal was "not imminent", sugge...See the full content of this document
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