Dong aims to buy Shell's industrial and commercial gas retail business

A spokesman for the Danish firm told Utility Week it was not true that the acquisition was a done deal but admitted both parties were in negotiations. "If those negotiations are finalised we will issue a stock market statement" he said. That was likely to be "weeks not days" away, he added.

Shell would not comment on the story. The firm currently has an I&C market share of around 10 per cent, making it the UK's fourth largest industrial and commercial gas supplier behind Centrica, Total and Eon.

http://www.utilityweek.co.uk/news/news_story.asp?id=195882&title=Dong+aims+to+buy+Shell%27s+industrial+and+commercial+gas+retail+business