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SSE talking to Innogy about tie-up

SSE
Britain   After Britain's regulator proposed a price cap

SSE said it was in talks with Innogy SE about potential changes to terms for the tie-up of its retail unit with Innogy's Npower, after Britain's regulator proposed a price cap on default energy bills.


SSE, whose deal with Innogy would create UK's second-largest retail power provider, said it was likely that the completion of deal would be delayed beyond the first quarter of 2019.

 

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