The news source noted that while UK government regulations could eventually lead to the prospective bidders teaming up, all of them are considering separate bids.
Industry analysts are reportedly surprised that Suez is considering a bid for British Energy (BE), given its prior insistence that it is interested in being an industrial partner only and its pending merger with Gaz de France.
Suez could reportedly bid as part of a consortium rather than go for BE all by itself, as it lacks the financial muscle to outbid its European rivals.
French energy giant EDF and German utility RWE are being considered as the most financially sound bidders to acquire the UK government’s stake in BE, with EDF also receiving the backing of the French government.
