Shell has agreed to sell its household energy supply business in the UK and Germany to Octopus Energy.
The deal means Octopus now has 6.5 million customers in the UK - and while this is short of British Gas, it makes it larger than virtually every other competitor in the market.
Sky's City editor Mark Kleinman had reported that both companies were in detailed talks about a sale last week.
#shell #octopusenergy #business
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