International Power shares soar on back of merger speculation
Jan 19 2010 Huddersfield Daily Examiner
INTERNATIONAL Power – the owner of UK assets including the coal-fired station at Rugeley in Staffordshire – said it had failed to reach agreement over a possible tie-up with France’s GDF-Suez.
Despite preliminary talks over a possible combination with “certain power assets” of GDF-Suez the discussions are over, International Power said.