Centrica Feeling Under Pressure Resignation and Falling Profits Leave Gas Firm Wide Open for Takeover

Summary

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SCOTTISHPower is not the only utility company whose future is very much an open question at the moment.

While the Glasgow-based group is feeling German giant E. on's hot breath on its neck, there are questions over whether the British Gas- owned Centrica will become a takeover target.

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Extract

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Centrica Feeling Under Pressure Resignation and Falling Profits Leave Gas Firm Wide Open for Takeover

The issue follows the announcement that chief executive Sir Roy Gardner is to step down to become nonexe...

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