March 12, 2018 / 9:48 AM / 5 days ago

German cartel office says too early to comment on E.ON's, RWE's planned Innogy deal

FRANKFURT (Reuters) - A German cartel office spokesman on Monday said it was too early to comment on possible hurdles for the planned asset swap deal that utilities E.ON (EONGn.DE) and RWE (RWEG.DE) plan around their sector peer Innogy (IGY.DE).

Innogy logo before the company's annual news conference in Essen, Germany March 12, 2018. REUTERS/Wolfgang Rattay
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    The proposed mega deal that rocked the energy and utilities markets at the weekend after a surprise announcement is expected to involve German and European antitrust authorities.

    Reporting by Anneli Palmen, writing by Vera Eckert, editing by Emma Thomasson

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