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RWE AG (RWEG_p.DE)

RWEG_p.DE on Xetra

18.54EUR
20 Apr 2018
Change (% chg)

€-0.38 (-2.01%)
Prev Close
€18.92
Open
€19.02
Day's High
€19.16
Day's Low
€18.26
Volume
377,889
Avg. Vol
174,271
52-wk High
€19.16
52-wk Low
€11.07

Latest Key Developments (Source: Significant Developments)

RWE AG Says Breaking Up And Selling Innogy In Pieces Is Not An Alternative For RWE
Friday, 20 Apr 2018 

April 20 (Reuters) - RWE AG ::SAYS RWE AND E.ON HAVE REACHED A CONTRACTUAL AGREEMENT TO TRANSFER THE 76.8% MAJORITY STAKE IN INNOGY HELD BY RWE TO E.ON.SAYS WILL CONTINUE TO PURSUE THIS TRANSACTION AS PLANNED.SAYS HOLDS TRUE IRRESPECTIVE OF THE ANNOUNCEMENT PUBLISHED BY INNOGY SE TODAY CONCERNING AN INQUIRY OF A THIRD PARTY.SAYS CONVINCED THAT THE TRANSACTION AGREED WITH E.ON OFFERS THE BIGGEST POTENTIAL.SAYS BREAKING UP AND SELLING INNOGY IN PIECES IS NOT AN ALTERNATIVE FOR RWE.  Full Article

RWE Reorganises Its Conventional Generation Business‍​
Tuesday, 2 Jan 2018 

Jan 2 (Reuters) - RWE AG ::REORGANISES ITS CONVENTIONAL GENERATION BUSINESS‍​.RWE GENERATION AND RWE POWER WILL OPERATE MORE EFFECTIVELY AS INDEPENDENT COMPANIES WITH DEDICATED EXECUTIVE BOARDS‍​.DUAL RESPONSIBILITIES HELD TO DATE ON BOARDS OF RWE GENERATION AND RWE POWER WILL COME TO END.  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

Innogy CFO says cannot rule out further impairment charges at npower
Monday, 13 Nov 2017 

Nov 13 (Reuters) - Innogy :Cfo says trend at npower is clearly positive.Cfo says if current turnaround programme at npower does not work we will consider doing more.Cfo says there are currently no plans for additional job cuts at npower.Cfo says cannot rule out further impairments at npower if situation in uk deteriorates further.  Full Article

Innogy says signed stand-alone credit agreement of 2 bln eur‍​
Monday, 9 Oct 2017 

Oct 9 (Reuters) - Innogy Se :Says signed a stand-alone credit agreement of €2 billion‍​.Says funding structure now completely independent from rwe.Says initial term of the credit line is five years, two renewal options and an increase option allowing innogy to access a further €1 billion upon request.Says credit line replaces the existing participation in rwe's credit line, which was terminated at the same time.  Full Article

RWE announces volume of hybrid bond repurchase
Friday, 6 Oct 2017 

Oct 6 (Reuters) - RWE :Says ‍announcement of volume of hybrid bonds repurchase​.Says ‍aggregate principal amount of repurchased hybrid bonds equals an amount of approx. Eur 584.61 million​.  Full Article

RWE says supervisory board names Schmitz as new CEO
Friday, 14 Oct 2016 

RWE AG : Says supervisory board appointed Rolf Martin Schmitz as new chairman of executive board of RWE Further company coverage: [RWEG.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).  Full Article

Deals of the day-Mergers and acquisitions

April 20 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Friday: ** Japan's Takeda Pharmaceutical nudged up its offer for Shire to 44.3 billion pounds ($62 billion) to try to persuade the rare-disease drugs specialist into talks after it rejected three previous proposals. ** General Electric Co said it was still considering a potential breakup of the 126-year-old industrial conglomerate, but such a move was secondary to running its businesses bett