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E.ON Signs EUR 3.5 Bln Syndicated Credit Facility With ESG Feature
E.ON Successfully Raises EUR 1.5 Bln
E.ON Says Attila Kiss Becomes CEO Of E.ON Businesses In Hungary
E.ON SE is an energy company. The Company's segments include Energy Networks, Customer Solutions, and Renewables. Its non-strategic operations are reported under Non-Core Business. The Company's business areas include energy networks, customer solutions, renewables, energy efficiency and distributed energy, technical services and nuclear. Its customers include Residential, Industrial and Resellers. The Energy Networks segment consists of its power and gas distribution networks and related activities. It is subdivided into three regional markets: Germany, Sweden, and East-Central Europe/Turkey (which consists of the Czech Republic, Hungary, Romania, Slovakia and Turkey). The Customer Solutions segment serves as the platform for working with its customers to shape Europe's energy transition. The Renewables segment consists of Onshore Wind/Solar and Offshore Wind/Other. The Company plans, builds, operates and manages renewable generation assets.
Bruesseler Platz 1
Independent Chairman of the Supervisory Board, Shareholder representative
Chairman of the Management Board, Chief Executive Officer
Independent Deputy Chairman of the Supervisory Board, Shareholder representative
Independent Deputy Chairman of the Supervisory Board, Employee Representative
Chief Financial Officer, Member of the Management Board
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E.ON will move quickly to address problems at Npower, the loss-making British retail business it is taking over after European regulators approved its purchase of assets from peer Innogy, the German energy group's CEO said on Tuesday.
German utility E.ON <EONGn.DE> said it would seek to squeeze out minority shareholders in takeover target Innogy <IGY.DE> as soon as it secures European antitrust approval for the deal.
German utility E.ON said it would quickly seek to squeeze out minority shareholders in takeover target Innogy as soon as it secures European antitrust approval for the deal.
RWE <RWEG.DE> on Wednesday said it had acquired a 49% stake in Slovak power supply and distribution group VSEH from subsidiary Innogy <IGY.DE>, as part of a deal to break up Innogy's assets with rival E.ON <EONGn.DE>.
* Shares indicated up 1.7% (Adds CEO comment, details on results, shares)
E.ON <EONGn.DE> remains committed to the ailing British retail energy market, its chief financial officer said on Wednesday, allaying concerns the German group could pull out after prolonged profit decline.
E.ON <EONGn.DE> has been approached by several parties that are interested in assets the group plans to sell in order to gain European antitrust approval for its planned takeover of rival Innogy <IGY.DE>, its chief financial officer said.
E.ON <EONGn.DE> is expected to win EU antitrust approval to buy rival Innogy's <IGY.DE> network and retail assets, sources said on Friday, in a deal set to transform the German company into a major player in the European energy market.
EU antitrust regulators are set to approve E.ON's bid to buy rival Innogy's network and retail assets after the German energy group sweetened its concessions to address competition concerns, people familiar with the matter said on Friday.
E.ON has offered to sell assets in Hungary, Germany and the Czech Republic to address European Union antitrust concerns over the German energy group's bid for rival Innogy's network and retail assets.
* Commission has opened full-scale investigation into E.ON deal
The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday:
German energy group E.ON has offered to sell parts of its Hungarian electricity business to address EU antitrust concerns over its bid for rival Innogy's network and retail assets, its chief executive said on Monday.
German energy company E.ON has offered concessions to address EU antitrust concerns over its bid to buy rival Innogy's network and retail assets, a filing on the European Commission site showed on Friday.
Energy firm Innogy , in the process of being broken up by parent RWE and rival E.ON, could team up with oil majors to build offshore wind farms in the booming U.S. market, one of its board members said.
* GRAPHIC: https://tmsnrt.rs/2E4Khuh (Updates throughout, adds graphic)
German energy firm E.ON on Monday said that higher profits from wind parks and hydroelectric plants in Turkey offset a sharp drop in earnings at its British retail business during the first quarter.
The European Commission has again suspended the deadline on its review of the planned takeover of Innogy's network and retail assets by Germany's E.ON, the watchdog said on its website on Thursday.
German utility RWE expects to spend heavily in the U.S. green energy market as it maps out its future as a global renewables champion after its pending asset swap with peer E.ON.
Britain's Competition Markets Authority said on Monday it had cleared German utility RWE's purchase of rival E.ON's renewables business and nuclear electricity generation assets.
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