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Government Considering British Energy Stake Sale - FT

Tags: Britishenergy, Industry, Management, Oukbs, Strategy

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2008-07-24 07:47:23.0

LONDON (Reuters UK) - Nuclear power operator British Energy (BGY) said on Thursday it is in advanced discussions with one party, which industry sources have said is France's Electricite De France (EDF).

The company said in a statement there was no certainty the talks would lead to an offer. The two companies have been trying to hammer out a deal for months, while one industry source told Reuters it was hoped a deal could be completed in the next two weeks.

(Reporting by John Bowker; Editing by Quentin Bryar)

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