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. The UK's energy companies have... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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