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Suez rules out British Energy bid

Suez, the French utility planning to merge with Gaz de France, said yesterday it will not buy a stake in British Energy but would be interested in reaching a deal to develop and produce reactors with the Scottish-based nuclear power provider.

Suez, the French utility planning to merge with Gaz de France, said yesterday it will not buy a stake in British Energy but would be interested in reaching a deal to develop and produce reactors with the Scottish-based nuclear power provider.