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Uniper: Troubled gas company faces nationalization

2022-09-20T15:21:37.896Z


Uniper: Troubled gas company faces nationalization Created: 09/20/2022, 17:13 By: Patricia Huber Breaking news from IPPEN MEDIA. (symbol image) © IPPEN MEDIA The nationalization of the gas group Uniper is nearing completion. The federal government and the company are still in final talks. Düsseldorf – The German state is to take over all Uniper shares previously held by the Finnish energy gro


Uniper: Troubled gas company faces nationalization

Created: 09/20/2022, 17:13

By: Patricia Huber

Breaking news from IPPEN MEDIA.

(symbol image) © IPPEN MEDIA

The nationalization of the gas group Uniper is nearing completion.

The federal government and the company are still in final talks.

Düsseldorf – The German state is to take over all Uniper shares previously held by the Finnish energy group Fortum and thus the majority in the ailing gas importer.

This provides for a new stabilization package, about which Uniper is currently still in final talks with the federal government and Fortum.

Uniper announced this on Tuesday in Düsseldorf.

A capital increase of eight billion euros is also planned, which is to be subscribed exclusively by the federal government.

"As a result, it is intended that the federal government will thus receive a significant majority stake in Uniper," it said.

"The final agreement has not yet been concluded." Fortum currently still holds almost 78 percent in Uniper.

(dpa)

More information coming soon.

Source: merkur

All news articles on 2022-09-20

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