E.On to buy rival Ovo to create UK energy supply giant
German energy firm E.On has agreed to buy rival Ovo in a deal which would create Britain’s largest supplier.
The combined business will serve about 9.6 million customers, surpassing current top supplier Octopus.
The firms did not disclose the value of the deal, although previous reports indicated that it could be as much as £600 […]
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- German energy group Eon seals takeover of UK supplier Ovo Financial Times —
- E.ON to buy Ovo, creating one of Britain's largest energy suppliers Seeking Alpha —
- 'Bringing Ovo together with E.On is right for customers': Deal set to create supply giant Yorkshire Post —