UK / Markets / Energy / Energy industry / Competition and Markets Authority / SSE / Business / Utilities / UK news

Ovo gets green light for £500m SSE takeover from watchdog

Posted On: 10 Dec 2019   |   Posted By: The Guardian

Approval boosts Tory donor founder's wealth to £600m and makes firm UK's second largest energy supplier The Tory donor behind Ovo Energy has been given the green light to take control of Britain's second largest energy supplier for half a billion pounds. The UK's competition watchdog, the Competition and Markets Authority, cleared Ovo Energy's £500m takeover of SSE's energy supply arm, saying the tie-up would not affect competition in the energy market.

Continue reading ...

 








Ole Gunnar Solskjaer hints at Man Utd clearout after Burnley defeat

Ole Gunnar Solskjaer hints at Man Utd clearout after Burnley defeat

Manchester United boss suggested more players could be on their way out after Burnley earn their first win at Old Trafford in 58 years Read more ...

Jeff Bezos tweets poignant ' Jamal' image amid Crown Prince hacking scandal

Jeff Bezos tweets poignant ' Jamal' image amid Crown Prince hacking scandal

Jeff Bezos tweeted an image of himself alongside Jamal Khashoggi's fiancee Hatice Cengiz taken on the one-year anniversary of his murder by the Saudi state, amid fallout from... Read more ...

When will Captain Marvel 2 be released?

When will Captain Marvel 2 be released?

A sequel to 2019's Captain Marvel is officially being developed by Marvel Studios with Brie Larson keen to return as Carol Danvers. The previous film was significant for being... Read more ...

Russian tennis star Daniil Medvedev suffers a nosebleed at the Australian Open

Russian tennis star Daniil Medvedev suffers a nosebleed at the Australian Open

Daniil Medvedev suffered a nasty nosebleed during his Australian Open second-round victory. The Russian, considered one of the dark horses to win the singles title, cruised... Read more ...

Jessie J and Channing Tatum 'rekindle romance and are back together two...

Jessie J and Channing Tatum 'rekindle romance and are back together two months after splitting'

Jessie J and Channing Tatum are reportedly back together two months after splitting. Read more ...

Man Utd transfer news LIVE: Fergie orders signing, Bruno Fernandes to leave...

Man Utd transfer news LIVE: Fergie orders signing, Bruno Fernandes to leave, £30m bid made

Express Sport brings you the latest Manchester United transfer news including the latest on Bruno Fernandes. Read more ...

Aerosmith drummer Joey Kramer loses legal bid to rejoin band for Grammys

Aerosmith drummer Joey Kramer loses legal bid to rejoin band for Grammys

A judge has rejected Aerosmith drummer Joey Kramer's legal bid to rejoin the band when they perform at the Grammys this weekend. Read more ...

Early morning earthquake wakes people up in northern England

Early morning earthquake wakes people up in northern England

The earthquake struck Stockton-on-Tees in the early hours An early morning earthquake has struck the north east of England causing residents' homes to start shaking. People... Read more ...

Heather Watson suffers Australian Open exit as Brit hopes lie with Harriet Dart

Heather Watson suffers Australian Open exit as Brit hopes lie with Harriet Dart

Heather Watson was comfortably beaten 6-3, 6-0 by Elise Mertens. Read more ...

Sanya team CNY celebration on board

Sanya team CNY celebration on board

XNDUyMDgzMTAzMg Read more ...