Merger talks for firms

Hinckley Times - - NEWS -

EN­ERGY sup­plier SSE and the owner of Npower are in talks about com­bin­ing their op­er­a­tions to cre­ate a new com­pany in the UK.

The dis­cus­sions be­tween SSE and Npower’s par­ent com­pany, Ger­many’s Innogy, “are well ad­vanced but no fi­nal de­ci­sions have been taken”.

Un­der the pro­pos­als, the new en­tity would be listed and SSE would “de­merge its shares to its share­hold­ers”.

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