Ovo takeover of Bulb would be ‘brave move’

A takeover of government-administered energy supplier Bulb by Ovo would be a “brave move”, a former big six boss has told Utility Week. Following reports that Ovo has written to Bulb’s special administrator stating that it is prepared to acquire the company without any additional taxpayer funding, Paul Massara said he is "surprised" the company does not need some help.

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