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Fortum Oyj (FORTUM.HE)

FORTUM.HE on Helsinki Stock Exchange

19.43EUR
24 May 2019
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€0.04 (+0.18%)
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Wed, May 22 2019

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Uniper signals little progress with Fortum on M&A deadlock

DUESSELDORF, Germany/FRANKFURT Uniper signaled on Wednesday little prospect of a rapid breakthrough in talks with top investor Fortum that might lead to a full takeover of the German utility.

UPDATE 1-Uniper signals little progress with Fortum on M&A deadlock

* Knight Vinke could call shareholder meeting in September (Recasts, adds comments from Uniper Chairman, Knight Vinke)

Uniper will not risk investment grade rating in Fortum talks

DUESSELDORF, Germany/FRANKFURT, May 22 German energy firm Uniper will not risk its investment grade in fresh talks over cooperation with top shareholder Fortum , Chief Financial Officer Christopher Delbrueck said on Wednesday.

Fortum makes progress in talks to resolve Uniper standoff

FRANKFURT Fortum on Tuesday made progress in talks over cooperation with energy group Uniper, of which it owns 49.99%, shortly after activist funds stepped back from increasing pressure on the Finnish utility to seek full control.

UPDATE 3-Fortum makes progress in talks to resolve Uniper standoff

FRANKFURT, May 21 Fortum on Tuesday made progress in talks over cooperation with energy group Uniper , of which it owns 49.99%, shortly after activist funds stepped back from increasing pressure on the Finnish utility to seek full control.

Fortum will comment on activist proposals at Uniper when ready

HELSINKI, May 20 Finland's Fortum, Uniper's top shareholder, will state its position on activist proposals - some of which could trigger a breakup of the German firm - once it has formed a view, a spokeswoman for the group said.

Uniper rejects activist investor call to spin off Russian arm

FRANKFURT Uniper has rejected a call from activist investor Knight Vinke to spin off its Russian arm to address regulatory concerns that have prevented Finland's Fortum from taking full control of the German utility.

Uniper rejects activist investor call to spin off Russian arm

FRANKFURT Uniper has rejected a call from activist investor Knight Vinke to spin off its Russian arm to address regulatory concerns that have prevented Finland's Fortum from taking full control of the German utility.

UPDATE 2-Uniper rejects activist investor call to spin off Russian arm

* Uniper keeps FY targets, shares down 0.5 percent (Adds Uniper statement on Knight Vinke proposal)

Uniper hires new CEO and CFO in sign of progress in Fortum row

FRANKFURT German utility Uniper SE named a new chief executive and chief financial officer with the unanimous backing of its supervisory board on Thursday in a sign of movement in a stand-off with Finland's Fortum.

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