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RWE AG (RWEG.DE)

RWEG.DE on Xetra

21.15EUR
3:52pm IST
Change (% chg)

€-0.02 (-0.09%)
Prev Close
€21.17
Open
€21.21
Day's High
€21.27
Day's Low
€20.87
Volume
827,359
Avg. Vol
3,806,549
52-wk High
€23.32
52-wk Low
€14.70

Latest Key Developments (Source: Significant Developments)

E.ON has added 10,000 customers in Germany in Q2 -CFO
Wednesday, 8 Aug 2018 

Aug 8 (Reuters) - E.On Se ::CFO SAYS SEE LOW-TO-MID DOUBLE DIGIT MILLION EUR HIT TO PROFITS FROM WIND POWER DUE TO EUROPEAN HEAT WAVE.CFO SAYS OPERATING DEVELOPMENT OF OUR TURKISH BUSINESS UNAFFECTED BY VOLATILE TURKISH LIRA, BUT SUFFERING FROM TRANSLATION EFFECTS.CFO SAYS WE ARE STICKING TO OUR TURKISH BUSINESS.CFO SAYS BRITISH RETAIL MARKET REMAINS CHALLENGING, BUT WE FEEL WELL POSITIONED THERE.CFO SAYS HAVE ADDED 10,000 CUSTOMERS IN GERMANY IN Q2.CFO SAYS HAVE SPENT ABOUT 2 BILLION EUR FOR INNOGY <<>> SHARES HELD BY MINORITY SHAREHOLDERS.  Full Article

RWE And Innogy Conclude Framework Agreement To Support RWE/E.ON Transaction
Thursday, 19 Jul 2018 

July 18 (Reuters) - Rwe Ag ::RWE AKTIENGESELLSCHAFT: RWE AND INNOGY CONCLUDE FRAMEWORK AGREEMENT TO SUPPORT RWE/E.ON TRANSACTION.TRANSACTION IS STILL SUBJECT TO MERGER CLEARANCE.RWE AND INNOGY WILL COOPERATE IN PREPARATION AND IMPLEMENTATION OF TRANSACTION AGREED BETWEEN RWE AND E.ON.FOR PURPOSE OF PREPARATION OF INTEGRATION OF RENEWABLES BUSINESS, CO AND INNOGY WILL SET UP A JOINT INTEGRATION COMMITTEE LED BY CO.DEAL COMPRISING SALE OF RWE'S 76.79 PERCENT STAKE IN INNOGY TO E.ON AND SWAP OF CERTAIN BUSINESS ACTIVITIES.  Full Article

E.ON syndicates 5 bln eur acquisition financing for Innogy
Monday, 11 Jun 2018 

June 11 (Reuters) - E.ON SE ::SAYS SUCCESSFULLY SYNDICATES €5 BILLION ACQUISITION FINANCING FOR INNOGY.SAYS THE ACQUISITION FINANCING CONSISTS OF A €3 BILLION BRIDGE LOAN AND A €2 BILLION TERM LOAN WITH A FIVE-YEAR MATURITY.E.ON SAYS INVITED CORE RELATIONSHIP BANKS TO PARTICIPATE WITH A TICKET OF €400 MILLION EACH. ALL INVITED BANKS PARTICIPATED IN THE SYNDICATION, LEADING TO A SUBSTANTIAL OVERSUBSCRIPTION..  Full Article

RWE And Syneco Agree On Trade And Portfolio Management Cooperation
Thursday, 7 Jun 2018 

June 7 (Reuters) - RWE AG ::SYNECO AND RWE AGREE ON TRADE AND PORTFOLIO MANAGEMENT COOPERATION.IN THE NEXT FEW MONTHS, FURTHER FIELDS OF COOPERATION FOR SYSTEMS, PRODUCTS AND SERVICES WILL BE DEVELOPED.  Full Article

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

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RWE says Innogy deal on track after H1 core profit in line

FRANKFURT RWE on Tuesday said a deal to break up its networks and renewables unit Innogy with rival E.ON was on track after posting first-half core profit that was in line with expectations.