Innogy SE (IGY.DE)
LONDON British Gas owner Centrica shed around a fifth of its market value on Thursday after warning its 2017 earnings would be well below forecasts due to fierce competition for business customers in North America and Britain.
LONDON, Nov 23 British Gas owner Centrica shed around a fifth of its market value on Thursday after warning its 2017 earnings would be well below forecasts due to fierce competition for business customers in North America and Britain.
PARIS, Nov 23 The French finance ministry is studying several scenarios for restructuring state-owned utility EDF, including spinning off its nuclear power generation activities into a standalone unit, sources familiar with the situation said.
LONDON European shares opened lower on Tuesday but quickly recovered as continued faith in the underlying strength of the European economy and a synchronized global expansion overcame negative trading updates, notably in Britain.
* Altice rebounds after ruling out rights issue (Adds closing prices, stocks)
Nov 20 The following bids, mergers, acquisitions and disposals were reported by 1430 GMT on Monday:
MILAN/FRANKFURT European shares rose on Monday as confidence over global economic activity helped investors brushed off worries over the collapse of government talks in Germany.
FRANKFURT, Nov 20 Shares in German utility RWE rallied on Monday on renewed investor hopes for a deal for its Innogy unit as well as on expectations of a less stringent climate policy following the failure of coalition talks in Germany.
* Enel CEO previously said sees big M&A as value destructive (Adds details from sources, context)
* Shares down 3.7 percent to 21.48 euros at 1230 GMT (Recasts, adds comments from CFO, shares, context)