We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Cash and run

18 September 2008 By Fiona Maharg-Bravo

EDF s £12.5bn agreed offer for British Energy gives investors just 1% extra in cash, at 774p a share. The CVRs could boost the value to 1275p, but only on heroic assumptions about prices and output. Not instruments for the fainthearted. Many will take the money and run.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)