Shell closes in on takeover deal for Australian energy supplier ERM Power

Oil giant makes first foray into Australia's competitive power market as it continues drive into consumer energy supply, renewables, and clean technologies. Shell is closing in on its first foray into Australia's competitive electricity sector with a (AUS) $617m takeover bid for ERM Power Ltd, as the oil and gas giant continues its drive into the consumer...

 
 
Source: Business Green
 

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