Spanish-owned Scottish Power sparks merger talks with Ovo Energy
Scottish Power, the Spanish-owned energy supplier, and larger rival Ovo Energy have begun holding exploratory talks about a merger that would create a company serving more than six million British households.
A fibre broadband network provider backed by an arm of Aviva, the FTSE-100 insurer, is in merger talks with a rival amid growing financial pressure on the heavily indebted industry.
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