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Fortum Oyj (FORTUM.HE)

FORTUM.HE on Helsinki Stock Exchange

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Thu, Dec 7 2017

UPDATE 2-Germany's Uniper flags higher dividends to fend off Fortum bid

FRANKFURT/DUESSELDORF, Dec 7 German energy firm Uniper on Thursday promised higher dividends in coming years in its bid to convince shareholders not to tender their stock to Fortum in the Finnish group's 8.05 billion euro ($9.49 billion) takeover bid.

Takeover target Uniper promises higher dividends

FRANKFURT German energy group Uniper , subject to a takeover bid from Finnish peer Fortum , on Thursday said it planned to pay about 310 million euros (£273.33 million) in dividends for 2018, a year-on-year increase of about a quarter.

Paul Singer's Elliott takes stake in takeover target Uniper

FRANKFURT Activist investor Elliott Management has taken a 5.32 percent stake in Uniper , putting pressure on Finland's Fortum to sweeten its 8.05 billion euro (£422 million) takeover offer for the German energy company.

Paul Singer's Elliott takes stake in takeover target Uniper

FRANKFURT Activist investor Elliott Management has taken a 5.32 percent stake in Uniper, putting pressure on Finland's Fortum to sweeten its 8.05 billion euro ($9.51 billion) takeover offer for the German energy company.

UPDATE 2-Paul Singer's Elliott takes stake in takeover target Uniper

* Uniper shares close up 3.9 pct after hitting record (Recasts, adds context on E.ON-Fortum deal, shares)

Uniper could make small M&A deals: CFO

FRANKFURT German energy firm Uniper, subject to a 8.05 billion euro ($9.54 billion) takeover bid by Finnish peer Fortum, could make small and selective acquisitions itself, its finance chief told the online version of FINANCE magazine.

Uniper willing to talk to Fortum after rejects bid

FRANKFURT/DUESSELDORF German energy group Uniper rejected an 8.05 billion euro (£7.1 billion) takeover bid from Finland's Fortum on Tuesday but will hold talks as it seeks a higher offer and more commitments to the company's future.

Uniper willing to talk to Fortum after rejects bid

FRANKFURT/DUESSELDORF German energy group Uniper rejected an 8.05 billion euro ($9.5 billion) takeover bid from Finland's Fortum on Tuesday but will hold talks as it seeks a higher offer and more commitments to the company's future.

Fortum says will not raise offer for Uniper

HELSINKI Finland's Fortum has no plans to raise its offer price for Uniper despite the German group's official rejection of the bid, a spokesman said on Tuesday.

Fortum CEO had 'constructive' meeting with Uniper CEO: WirtschaftsWoche

FRANKFURT Finnish energy company Fortum's Chief Executive Pekka Lundmark had a good first meeting with the boss of takeover target Uniper , Klaus Schaefer, he told German magazine WirtschaftsWoche.

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