Government price cap and increasing competition are behind failure to reach a deal
The merger of two of the UK’s biggest energy firms has been called off after npower and SSE blamed the government’s price cap and increasing competition for their failure to reach a deal.
Indications that the merger might collapse came in November when the companies warned they were having to reconsider their terms and would have to inject more capital into the new energy supplier because of changes in the market.
Continue reading...from Mergers and acquisitions | The Guardian https://ift.tt/2EzMy2t
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