BREAKING NEWS

BREAKING NEWS

Shell to buy British household energy provider First Utility

Shell to buy British household energy provider First Utility
FILE PHOTO - A passenger plane flies over a Shell logo at a petrol station in west London, in this January 29, 2015 file photo. REUTERS/Toby Melville/Files
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(Reuters) – Royal Dutch Shell <RDSa.L> will buy British household energy and broadband provider First Utility, seeking to expand its energy supply business in the residential market, the Anglo-Dutch company said on Thursday.

Shell did not disclose any financial details of the deal, which it expects to complete early next year. (http://go.shell.com/2zb9j5R)

(Reporting by Hanna Paul in Bengaluru; editing by Sai Sachin Ravikumar)

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