RWE AG (RWEG_p.DE)
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.
Nov 20 The following bids, mergers, acquisitions and disposals were reported by 1430 GMT on Monday:
* End of German coalition talks may mean slower coal exit (Adds fund manager comment, background)
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)
MADRID/FRANKFURT/MILAN, Nov 19 German utility RWE is looking at ways to cut its 16.8-billion euro ($19.8 billion) stake in retail business Innogy, several banking sources told Reuters, adding this could involve a deal with Italy's Enel.
FRANKFURT, Nov 15 German utility RWE took 1,500 megawatts (MW) of lignite capacity off the grid on Wednesday after about a dozen environmental activists blocked coal supplies, a spokesman for the company said.
FRANKFURT German coal-biased utility RWE on Tuesday warned of a quick exit from coal power to further reduce carbon dioxide (CO2) emissions, which the Green Party is demanding in talks to form a new coalition government.
FRANKFURT, Nov 14 RWE has sold the bulk of its 2018, 2019 and 2020 power generation from nuclear and brown coal-fired plants in Germany, the utility's earnings report for the first nine months of 2017 showed on Tuesday.
LONDON/FRANKFURT, Nov 8 A deal to merge the British retail power businesses owned by SSE and Germany's Innogy could pave the way for more industry consolidation as pressures mount on the big suppliers in an increasingly crowded market.