E.On’s takeover of Ovo given all clear by competition watchdog

E.On’s takeover of rival Ovo has been given the green light by Britain’s competition watchdog in a move paving the way for the deal to create the UK’s largest electricity supplier (Alamy/PA) -

E.On’s takeover of rival Ovo has been given the green light by Britain’s competition watchdog in a move paving the way for the deal to create the UK’s largest electricity supplier.

The Competition and Markets Authority (CMA) said it would not refer the takeover of Ovo by Germany’s E.On for an in-depth investigation.