SSE-npower merger: UK watchdog examines German shakeup

E.ON-RWE asset swap could threaten proposed tie-up of two of UK’s biggest suppliersThe UK competition watchdog is exploring the impact of a major asset swap in Germany on the proposed merger of two of the UK’s biggest energy suppliers, npower and SSE.In a deal announced on Saturday the German utility E.ON agreed to acquire rival RWE’s subsidiary Innogy SE, growing E.ON’s energy network and retail businesses. Continue reading...