The German state will nationalize 98.5% of the gas giant Uniper, asphyxiated by the Russian gas cuts, announced Wednesday morning the majority shareholder of the company, the Finnish group Fortum.
At the end of an agreement between Berlin and the Nordic public group, Germany must buy back for around 500 million euros the 56% of the capital owned by Fortum and carry out a capital increase of 8 billion euros, indicates the Finnish company in a press release.
"
After the capital increase and the purchase of shares, the German state will own approximately 98.5% of Uniper
", specifies Fortum.
