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German Energy Giant Eon To Buy Rwe Subsidiary Innogy

by channelnewsasia.com posted 7months ago 44 views
BERLIN: German energy giant EON plans to take over Innogy, the renewables subsidiary of competitor RWE, in a complex deal valued at around €20 billion (US$25 billion), both companies said on Sunday (Mar 11). The in-principle agreement involving asset swaps is part of a major restructuring of ...