Dutch local authority-owned energy company Eneco is taking over sector peer Oxxio from UK energy group Centrica for €72m.
Oxxio, which has 426,000 customers, will remain a separate unit within Eneco. The takeover still has to be approved by the competition authority.
Oxxio was put up for sale two years ago. Centrica bought the company in 2005 for €137m.
Thank you for donating to DutchNews.nl.
We could not provide the Dutch News service, and keep it free of charge, without the generous support of our readers. Your donations allow us to report on issues you tell us matter, and provide you with a summary of the most important Dutch news each day.Make a donation