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26 Apr 2018 07:09
SSE responds to CMA decision on npower merger
SSE plc (SSE) notes today's statement by the Competition and Markets Authority (CMA) about the proposed merger of SSE Energy Services, SSE's household energy and services business in GB, and Innogy SE's (innogy) retail business, npower. SSE will take its time to assess the CMA's statement, but continues to believe that the proposed merger will deliver benefits for the energy market and energy customers.
Alistair Phillips-Davies, Chief Executive of SSE, said:
"We remain confident that the proposed merger will deliver benefits for customers and for the energy market as a whole and that we will be able to demonstrate this to the CMA in due course. We look forward to continuing to work constructively with the CMA and other interested parties."
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