BGY

"German utility company RWE has made an indicative cash offer for British Energy, valuing the operator of the UK's nuclear reactors at up to £11bn. The proposed offer, which is understood to be pitched at almost 700p per share, would value the Government's 35pc stake in the business at around £4bn."

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/04/10/cnrwe110.xml