The Independent
UK · 41 mins ago
✦ 75◉ Factual
E.On to buy rival Ovo to create UK energy supply giant
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Accuracy 75/100
Partisan intensity 15/100
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Low partisan intensity — consistent with factual reporting✓ Fair headline
Energy company E.On has agreed to acquire rival supplier Ovo in a deal to create a larger UK energy supply company, with the transaction value reportedly around £600 million based on previous reports.
E.On to buy rival Ovo to create UK energy supply giant
The firms did not disclose the value of the deal, although previous reports indicated that it could be as much as £600 million.
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