Scottish Power rejects £10bn bid

Powergen owner E.On revealed today it had been thwarted in its attempt to buy rival Scottish Power for more than £10bn (€14.6bn).

Scottish Power rejects £10bn bid
Tue, 22 Nov, 2005 - 10:27

Powergen owner E.On revealed today it had been thwarted in its attempt to buy rival Scottish Power for more than £10bn (€14.6bn).

Germany-based E.On said it had ended takeover talks after failing to win the support of the Scottish Power board or secure access to its books.

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CourtsBusinessHeathrowPlace: GermanyPerson: E.OnOrganisation: Scottish PowerOrganisation: Powergen
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