E.ON SE (EONGn.DE)
21 Jul 2017
FRANKFURT, July 12 German utility E.ON's PreussenElektra nuclear business plans to cut at least 1,000 of its 2,000-strong workforce by 2026 as a consequence of Germany's exit from nuclear power, it said on Wednesday.
LONDON Swedish state-owned utility Vattenfall has bought British home energy supplier iSupplyEnergy, the second foreign company in weeks to seek a foothold in the country's highly competitive domestic energy market.
OSLO Power and gas distributor E.ON has launched a new dual fuel fixed tariff for Britain, tracking the average price of all energy tariffs in the market, the company said on Thursday.
* Says wins three-year "smart utility" deal from E.ON in Sweden Source text in Finnish: http://www.publicnow.com/view/393BB88BF46031B51615F5B541B6332332738144 Further company coverage: (Helsinki Newsroom)
ESSEN, Germany Uniper , the power plant and energy trading business spun off by E.ON , said it was seeing growing interest from investors, citing a 74-percent rise in shares since it was listed in September last year.
* Shares second-best performers among European utilities (Adds CEO comment, context on M&A, shares)
* Companies could share 7 billion euro windfall (Adds government reaction, analyst, updates shares)
* E.ON, RWE shares both up about 1 pct (Adds context, analyst, shares)
FRANKFURT Potential buyers of E.ON's 46.65 percent stake in Uniper not only have to factor in a premium but also a compensation for a sizeable tax charge E.ON incurs if a bidding process triggers a deal before 2018, analysts and sources said.
FRANKFURT Finland's Fortum is in talks with German energy group E.ON about buying its 46.65 percent stake in Uniper , Bloomberg reported on Wednesday, sending shares in Uniper higher.