November 20, 2017 / 9:54 AM / 6 months ago

Centrica not considering retail arm spin-off

LONDON (Reuters) - British utility Centrica (CNA.L) is not considering a spin-off of its British retail energy arm, CEO Iain Conn said on Monday.

“We believe we can have an attractive energy business in the UK,” Conn said on a conference call.

    Rivals SSE (SSE.L) and Innogy (IGY.DE) this month announced plans to merge and list their British retail units in a separate joint venture.

    Reporting by Susanna Twidale; editing by Jason Neely

    0 : 0
    • narrow-browser-and-phone
    • medium-browser-and-portrait-tablet
    • landscape-tablet
    • medium-wide-browser
    • wide-browser-and-larger
    • medium-browser-and-landscape-tablet
    • medium-wide-browser-and-larger
    • above-phone
    • portrait-tablet-and-above
    • above-portrait-tablet
    • landscape-tablet-and-above
    • landscape-tablet-and-medium-wide-browser
    • portrait-tablet-and-below
    • landscape-tablet-and-below