Co-op Energy ‘in merger talks’
Warwick-headquartered Co-op Energy is reported to be in merger talks with Octopus Energy as part of the latest shake-up in the energy market.
Octopus is around twice the size of Co-op Energy and a combined business would have around 1.2m customers.
However talks may result in Octopus acquiring "some or all" of the company's customers, according to The Sunday Times.
Co-op Energy is part of the Midcounties Co-operative group, which has been advised by PwC on its options for the energy business.
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