E.ON SE (EONGn.DE)
20 Aug 2018
Tue, Aug 14 2018
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.
* Shares down 1.4 pct as some hoped for raised outlook (Adds analyst, detail, updates shares)
* Big opportunities seen in solar pv, electric vehicles (Adds more detail, context)
FRANKFURT, Aug 2 German utility E.ON said it added more than 50,000 retail electricity and gas customers in the first half of 2018 as a strategy aimed at wooing households into buying additional services paid off.
* Schaefer has been CEO since spin-off from E.ON in 2016 (Adds further details and background)
LONDON, Aug 1 E.ON plans to cut around 500 jobs across its UK operations as part of a long-term transformation plan, the utility said on Wednesday.
BERLIN Innogy said it has reached two legally binding agreements with E.ON and RWE for a fair integration process and supported its planned break-up, clearing the way for the complex deal to progress.
LONDON E.ON will raise prices for British customers taking both gas and electricity by 4.8 percent from Aug. 16, the German utility said on Tuesday, the last of the "big six" energy suppliers to increase its tariffs.
LONDON, June 19 E.ON will raise prices for British customers taking both gas and electricity by 4.8 percent from Aug. 16, the German utility said on Tuesday, the last of the "big six" energy suppliers to increase its tariffs.
BRUSSELS/FRANKFURT EU antitrust regulators cleared on Friday Finnish utility Fortum's bid to buy a 46.65 percent stake in German energy group Uniper from E.ON , saying the deal would not hurt competition.