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Home » Finance » SSE Reportedly Rejects Takeover Bid from Portuguese Power Firm EDP
Finance

SSE Reportedly Rejects Takeover Bid from Portuguese Power Firm EDP

By John GarciaOctober 17, 20241 Min Read
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Credit: SSE
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SSE has turned down a takeover proposal from Portugal’s leading utility, EDP, according to sources. Discussions between the two companies began earlier this year but failed to advance. EDP reportedly approached SSE with the offer just before the summer, but SSE’s management rejected the bid, with talks concluding around June. Had the merger proceeded, it

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