Octopus Energy In Talks To Buy Shell's Household Energy Customer Base
Portfolio Pulse from Charles Gross
Octopus Energy is reportedly in discussions to acquire Shell's household energy customer base, according to Sky News. The deal could significantly expand Octopus Energy's market share in the energy sector.
August 25, 2023 | 10:28 am
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Shell is in talks to sell its household energy customer base to Octopus Energy. This could potentially reduce Shell's presence in the household energy market.
Shell's potential sale of its household energy customer base to Octopus Energy could lead to a reduction in its market share in the household energy sector. This could potentially impact its revenues and profitability in the short term.
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