Global Investing

Did banks get wires crossed on EDF deal?

August 4, 2008

pylon.jpgThe last-minute collapse of the 12 billion pound sale of British Energy to EDF raises the question of how well banks behind the deal were plugged in with major shareholders, who ended up vetoing the acquisition.

EDF fails to push Britain’s nuclear button

August 1, 2008

british-energys-heysham-nuclear-power-station.jpgA dramatic last-minute hitch to plansĀ for France’s EDF to buy British Energy leaves managements, shareholders and especially the British government in a quandary.