Drax .. more bidders appear
Drax Group Limited have announced today another offer, this time from International Power plc and Mitsui & Co., Ltd.
The second offer from a consortium of Apollo Management LP, Texas Pacific Group Europe LLP and Towerbrook Capital Partners(UK) LLP have previously offered £2.075 billion.
What price British Energy…whose shares have doubled in the last 12 months since re-launching.
UK Energy security, eh ?
Recent blogs on same topic here
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