Failed nuclear deal leans on FTSE

Shares in nuclear power generator British Energy were down 4% today after the company failed to reach a takeover agreement with French suitor EDF.

Failed nuclear deal leans on FTSE

Shares in nuclear power generator British Energy were down 4% today after the company failed to reach a takeover agreement with French suitor EDF.

The group indicated that talks were ongoing, but shares slid 31p to 698.5p in the absence of today’s expected bid and amid speculation that utility giant EDF would walk away.

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