RWE's BE bid

摘要

German utility RWE has made an indicative cash offer for British Energy (BE) that values the company at £11 billion. The proposed offer of almost 700p per share would net the UK government around £4 billion for its 35% stake in the business, which operates the UK's AGR fleet and the country's only PWR (Sizewell B).rnThe UK government is considering a sale of all or part of its holding, with any proceeds going to die Nuclear Liabilities Fund to pay for cleaning up old sites. BE said on 17 March that it was in talks that could lead to a takeover of the business and RWE, along with Centrica and EDF, was immediately touted as a potential bidder.