E.ON allies with Octopus Energy to revamp UK retail business

FRANKFURT (Reuters) - E.ON has struck a partnership deal with Britain's fast-growing Octopus Energy, as the German utility strives to revamp its UK retail business and shift away from the troubled Npower brand it acquired during the break up of Innogy .E.ON said on Monday the deal would speed up profit growth in a market hit by stiff competition and a regulatory price cap.The German group acquired large parts of Innogy, including the loss-making Npower brand in Britain, as part of a landmark..