Potential suitor ends power station talks

A stock market listing for Europe’s biggest coal-fired power station looked certain today after talks with a potential buyer fell through.

Potential suitor ends power station talks
Wed, 23 Nov, 2005 - 09:02

A stock market listing for Europe’s biggest coal-fired power station looked certain today after talks with a potential buyer fell through.

The owners of Drax have been running a dual process to discover if a sale or a flotation represented the best step for the North Yorkshire site, which provides enough power to meet 7% of the UK’s electricity needs.

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