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UK watchdog examines impact of German energy shakeup on SSE-npower merger

E.ON-RWE asset swap could threaten proposed tie-up of two of UK’s biggest suppliers

The UK competition watchdog is exploring the impact of a major asset swap in Germany on the proposed merger of two of the UK’s biggest energy suppliers, npower and SSE.

In a deal announced on Saturday the German utility E.ON agreed to acquire rival RWE’s subsidiary Innogy SE, growing E.ON’s energy network and retail businesses.

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