Booking.com

Fortum agrees to acquire majority in Uniper to improve stability and accelerate realisation of strategy

Booking.com

FORTUM CORPORATION INSIDE INFORMATION 8 OCTOBER 2019 AT 9.00 EEST

Release category: Inside Information

· Fortum enters into agreements with Elliott and Knight Vinke to acquire in excess of 20.5% in Uniper for approximately EUR 2.3 billion, increasing Fortum’s share in Uniper to more than 70.5% and the total investment in Uniper to approximately EUR 6.2 billion
· Closing is subject to regulatory approvals in Russia and the United States
· Fortum intends to be represented on Uniper’s Supervisory Board commensurate with its ownership without delay
· Fortum seeks strategic and

Booking.com

Source: Fortum agrees to acquire majority in Uniper to improve stability and accelerate realisation of strategy

Booking.com

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.