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Centrica in line for nuclear holding

French utility EDF said yesterday it has agreed to buy nuclear power company British Energy for £12.5bn, and plans to sell a stake to Scottish Gas owner Centrica, in a deal that will pave the way for a new generation of nuclear reactors in the UK.

French utility EDF said yesterday it has agreed to buy nuclear power company British Energy for £12.5bn, and plans to sell a stake to Scottish Gas owner Centrica, in a deal that will pave the way for a new generation of nuclear reactors in the UK.