British Energy

Published May 31, 2007

LONDON, May 30: Britain said on Wednesday it planned to sell 25pc stakes in British Energy as the nuclear power firm posted a 44pc rise in underlying profit and announced its first dividend since a state bail-out. The Department for Trade and Industry said it planned to sell as many as 450m shares in British Energy, the country's biggest electrical power producer, cutting its stake to below 39 per cent.—Reuters

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