Germany to buy Fortum’s Uniper stake, inject 8 billion euros By Reuters
Economy 7 minutes ago (Sep 20, 2022 15:31)
© Reuters. FILE PHOTO: The logo of German energy utility company Uniper SE is pictured in the company’s headquarters in Duesseldorf, Germany, March 10, 2020. REUTERS/Thilo Schmuelgen
FRANKFURT (Reuters) -Germany is set to buy Fortum’s stake in Uniper and inject a further 8 billion euros ($8 billion) as part of a nationalisation of the gas importer, Uniper said on Tuesday.
“The final agreement has not yet been concluded,” the company said.
Fortum said that the deal, which is yet to be finalised, will include the “return of the financing Fortum granted to Uniper” which the Finnish group has put at 8 billion euros.
($1 = 1.0019 euros)
Germany to buy Fortum’s Uniper stake, inject 8 billion euros
NEW YORK (Reuters) – Moscow’s planned referendums seeking to annex additional territory in Ukraine will have no impact, Ukraine’s Foreign Minister Dmytro Kuleba said on Tuesday…
By Scott Kanowsky
Investing.com — The outlook for the British economy is deteriorating, but a series of potential policy measures from prime minister Liz Truss will help limit…
By Marta Orosz and Alexander Hübner FRANKFURT/MUNICH (Reuters) – Hakle has been a German household name since 1928, but the Duesseldorf-based toilet paper manufacturer said all it…
© 2007-2022 Fusion Media Limited. All Rights Reserved.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.