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Bid battle for British Energy to intensify
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City A.M.
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May 12, 2008
FRENCH energy giant EDFâ??s bid for £11bn-rated British Energy is this week set to flush out rival offers, with a raft of European power firms eyeing the company. EDF made a bid for the group on Friday but did not disclose a price, leading British Energy shares to fall almost 2 per cent to 701p ami...
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