Scottishpower Takeover 'Bad News' for Services Firms

The HeraldNovember 14, 2005

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Summary


SCOTLAND'S professional services firms will lose millions of pounds a year in fees if ScottishPower succumbs to a takeover approach.

One senior adviser who did not want to be named described the prospect of a likely bid for the utility from German heavyweight E.ON, which currently appears the most probable suitor, as "very bad news indeed for Scotland's professional services infrastructure".

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Scottishpower Takeover 'Bad News' for Services Firms

"It's very difficult to quantify what the impact will be, but those affected wil...

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