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Old 29-10-2022, 03:08 PM #695
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Octopus Energy to take over collapsed supplier Bulb

[Energy supplier Octopus Energy is to buy
its smaller competitor Bulb.
Bulb collapsed last year amid rising gas and electricity
prices and has since been run by the government.
Its 1.5 million customers will not see any change
or disruption to energy supplies, the Department for Business,
Energy and Industrial Strategy said.

The value of the deal has not been published
but the BBC understands Octopus paid the
government, between £100m and £200m.
It is expected to be completed by the
end of November.]


https://www.bbc.co.uk/news/technology-62877930

Last edited by arista; 29-10-2022 at 03:21 PM.
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