Edition:
United Kingdom

RWE AG (RWEG.DE)

RWEG.DE on Xetra

22.90EUR
18 Apr 2019
Change (% chg)

€0.01 (+0.04%)
Prev Close
€22.89
Open
€22.90
Day's High
€23.10
Day's Low
€22.83
Volume
2,496,368
Avg. Vol
3,381,657
52-wk High
€24.54
52-wk Low
€16.78

Latest Key Developments (Source: Significant Developments)

Brussels Still Examining Acquisition Of Innogy Stake By E.ON - German Regulator
Tuesday, 26 Feb 2019 

Feb 26 (Reuters) - German anitrust regulator::NO ANTITRUST OBJECTIONS ON ACQUISITION OF E.ON STAKE BY RWE.EU COMMISSION STILL EXAMINING PLANNED ACQUISITION OF INNOGY STAKE BY E.ON.  Full Article

RWE Files Acquisition Of E.ON, Innogy Assets With Brussels
Tuesday, 22 Jan 2019 

Jan 22 (Reuters) - RWE AG ::RWE FILES ACQUISITION OF RENEWABLES BUSINESSES OF E.ON AND INNOGY WITH EUROPEAN COMMISSION.THE FILING IS THE FIRST STEP OF A DIVERSE MERGER CONTROL PROCEDURE, WHICH IS NECESSARY DUE TO THE SUBSTANTIAL ASSET SWAP BETWEEN RWE AND E.ON.RWE WILL ACQUIRE A 16.7 % EQUITY INTEREST IN E.ON.OBJECTIVE IS TO COMPLETE THE TRANSACTION BETWEEN RWE AND E.ON ANNOUNCED IN MARCH 2018 IN THE SECOND HALF OF 2019..RWE WILL FILE THE MENTIONED ACQUISITION OF THE 16.7 % SHAREHOLDING IN E.ON WITH THE GERMAN AND BRITISH CARTEL AUTHORITIES IN DUE COURSE AS WELL.SAME APPLIES TO ACQUISITION OF U.S. ASSETS WHERE RELEVANT COMPETITION AUTHORITIES WILL BE NOTIFIED, THIS WILL HAPPEN IN THE FIRST HALF OF THE YEAR.OBJECTIVE IS TO COMPLETE THE TRANSACTION BETWEEN RWE AND E.ON ANNOUNCED IN MARCH 2018 IN THE SECOND HALF OF 2019.  Full Article

RWE CFO says continues to expect favourable outcome in Hambach case
Wednesday, 14 Nov 2018 

Nov 14 (Reuters) - Rwe ::CFO SAYS EXPECT THAT STARTING FROM 2019 OUR ADJUSTED EBITDA WILL BE CURTAILED BY 100 TO 200 MILLION EUROS ANNUALLY DUE TO HAMBACH SITUATION.CFO SAYS CONTINUE TO BE CONVINCED THAT THE PRINCIPAL HAMBACH PROCEEDINGS WILL END IN OUR FAVOUR.CFO SAYS TO GET IDLED 1,304 MW DUTCH GAS-FIRED CLAUS C POWER PLANT ONLINE, TO BE AVAILABLE 2020.CFO SAYS DUTCH CLAUS C GAS-TO-POWER PLANT COULD HELP WITH BELGIAN SHORTAGES IF BELGIUM CAPACITY MARKET WAS RIGHT.CFO SAYS INNOGY <<>> BREAKUP DEAL IS COSTING US A HIGH DOUBLE DIGIT MILLION EUR AMOUNT, THIS INCLUDES BANKING ADVISOR FEES.CFO SAYS WILL SEE SUCCESSIVE POWER REVENUE INCREASES FROM 2019 REAPING BENEFIT FROM HIGHER ACHIEVED FORWARD PRICES.CFO SAYS BUILDING NEW CONVENTIONAL POWER PLANTS POSSIBLE IN THEORY.CFO SAYS GENERATION STRATEGY INCLUDES POSSIBLE ASSET PURCHASES OF CONVENTIONAL PLANTS IN CORE MARKETS, NEWBUILDS PROJECTS WOULD HINGE ON SUPPORT.  Full Article

Dortmund cuts voting rights in RWE to 4.1 from 5.7 percent
Friday, 6 Apr 2018 

April 6 (Reuters) - RWE AG ::SAYS VOTING RIGHTS OF CITY OF DORTMUND DECREASED TO 4.1 PERCENT FROM 5.7 PERCENT AS OF APR 6.  Full Article

Enel CEO says better to be integrated utility, risky to bet on one part of value chain
Thursday, 22 Mar 2018 

March 22 (Reuters) - Enel CEO Francesco Starace says in conference call::REPLYING TO QUESTION ON RECENT E.ON-RWE DEAL IN GERMANY, BETTER TO BE INTEGRATED UTILITY, BEING A "PURE PLAY" DOES NOT MAKE SENSE AND IT IS RISKY TO BET ON ONE PART OF VALUE CHAIN.IF THERE IS CONSOLIDATION IN SPAIN WE WILL LOOK AT IT.SEES NO LARGE M&A FOR ENDESA UNIT IN IBERIA REGION, BOLT-ON ACQUISITIONS POSSIBLE.AFTER GENERAL ELECTIONS, THE LIKELIHOOD OF POSTPONEMENT OF JUNE 2019 DEADLINE FOR FULL LIBERALISATION OF ITALY'S POWER MARKET "HIGHER THAN BEFORE".  Full Article

SSE Says Does Not Believe That Agreement With Innogy Should Be Affected By EON/RWE Agreement​
Monday, 12 Mar 2018 

March 12 (Reuters) - Sse Plc ::‍NOTED ANNOUNCEMENT OF AN 'AGREEMENT IN PRINCIPLE' BETWEEN EON SE AND RWE AG RELATING TO RWE'S STAKE IN INNOGY SE​.‍SSE DOES NOT BELIEVE THAT AGREEMENT WITH INNOGY SHOULD BE AFFECTED BY EON/RWE AGREEMENT​.  Full Article

RWE Power And ENBW Sell Their Stakes In The Hungarian Company Mátra
Thursday, 14 Dec 2017 

Dec 14 (Reuters) - RWE AG ::RWE POWER AND ENBW SELL THEIR STAKES IN THE HUNGARIAN COMPANY MÁTRA.‍NON-DISCLOSURE AGREEMENT WAS SIGNED IN RESPECT OF PURCHASE PRICE​.PURCHASER IS A CONSORTIUM OF EP HOLDING AND MÉSZÁROS.‍DEAL IS EXPECTED TO CLOSE IN Q1 OF 2018​.‍TRANSACTION WILL INVOLVE ENBW SHEDDING ITS NON-STRATEGIC INTEREST​.  Full Article

BASF and L1 Energy announce merger of oil and gas units
Thursday, 7 Dec 2017 

Dec 7 (Reuters) - BASF AND LETTERONE'S L1 ENERGY::ANNOUNCE THEIR INTENTION TO MERGE THEIR OIL AND GAS SUBSIDIARIES.WINTERSHALL DEA TO BE ONE OF THE LARGEST INDEPENDENT EUROPEAN EXPLORATION AND PRODUCTION COMPANIES, SAY BASF AND LETTERONE.CLOSING OF WINTERSHALL DEA DEAL COULD BE EXPECTED IN THE SECOND HALF OF 2018, SUBJECT TO CUSTOMARY REGULATORY APPROVALS.IN THE MEDIUM TERM,L1 ENERGY AND BASF INTEND TO LIST WINTERSHALL DEA THROUGH AN IPO - STATEMENT.L1 ENERGY WILLCONTRIBUTE DEA INTO WINTERSHALL AGAINST ISSUANCE OF NEW SHARES TO L1 ENERGY.SHALL INITIALLY HOLD 67 PERCENT AND L1 ENERGY SHALL HOLD 33 PERCENT OF WINTERSHALL DEA - STATEMENT.  Full Article

Enel CEO rules out large-size deals, not interested in Innogy
Tuesday, 21 Nov 2017 

Nov 21 (Reuters) - Enel CEO Francesco Starace says in a conference call::has negative view of large M&A deals.asked about an Innogy deal, says "banks come to us now and then", but have not hired banks and not interested.Endesa will not be active in M&A outside Iberian market.excludes large M&A but cannot rule out mid-size deals.  Full Article

RWE "very happy" to hold on to stake in grid operator Amprion-CFO
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - Rwe :Cfo says acquisitions in the area of gas would be a good proposal.Cfo says "very happy" to hold on to stake in grid operator amprion.  Full Article

EXCLUSIVE-RWE CFO maps out planned expansion in renewables, U.S. in focus

* Gas, LNG to expand, helping low-carbon transformation (Adds detail, context)