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Fortum Oyj (FORTUM.HE)

FORTUM.HE on Helsinki Stock Exchange

20.79EUR
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Wed, Jul 25 2018

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Warm sea water in Finland reduces power from Loviisa nuclear plant

OSLO Finland's Loviisa power plant, consisting of two reactors with a combined capacity of 1 gigawatt, had to reduce power by 170 megawatts on Wednesday as the sea water that is used to cool the reactors had become too warm, operator Fortum said.

REFILE-UPDATE 1-Fortum to seek fresh start with Uniper -CEO

HELSINKI, July 19 Finnish utility Fortum is seeking a fresh start with Germany's Uniper , it's CEO said on Thursday, following an extraordinary acquisition process that included a campaign against the deal and calls for an investigation into Uniper.

Finland's Fortum bets on fledgling Russian wind power market

HELSINKI Finnish utility Fortum is hoping to attract financial partners for its new wind and solar projects in Russia, where it aims to capitalize on its decade-long presence in the country to expand in renewables.

Fortum wins EU, Russia antitrust approvals for Uniper stake buy

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.

UPDATE 1-Fortum wins EU, Russia antitrust approvals for Uniper stake buy

* Fortum buying E.ON's Uniper stake for 3.8 bln euros (Adds details, context)

Exclusive: Fortum set to gain EU antitrust approval for Uniper deal - sources

BRUSSELS/FRANKFURT Finnish utility Fortum is set to gain unconditional EU approval to acquire a 46.65 percent stake in German energy group Uniper from E.ON , three people familiar with the matter said on Monday.

RPT-UPDATE 2-Germany's E.ON puts fate of Uniper management in Fortum's hands

ESSEN, Germany, June 6 A vote that could have triggered a probe into whether managers of German energy company Uniper tried to block the sale of a 47 percent stake to Finland's Fortum was postponed on Wednesday in line with a proposal by Uniper's biggest shareholder E.ON .

Germany's E.ON puts fate of Uniper management in Fortum's hands

ESSEN, Germany A vote that could have triggered a probe into whether managers of German energy company Uniper tried to block the sale of a 47 percent stake to Finland's Fortum was postponed on Wednesday in line with a proposal by Uniper's biggest shareholder E.ON .

UPDATE 2-Germany's E.ON puts fate of Uniper management in Fortum's hands

* E.ON will hand over 47 pct stake in Uniper soon (Adds comment from Elliott-backed fund)

Uniper supervisory board rejects calls for Elliott-backed audit

FRANKFURT Uniper's supervisory board on Wednesday urged shareholders to reject a motion by activist investor Elliott to launch a probe into whether management sought to block the sale of a major stake to Fortum , in a deal it opposes.

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