Press release of Uniper SE of 8 October 2019
Uniper's major shareholder Fortum announced today that it has entered into agreements with shareholders Elliott and Knight Vinke to acquire in excess of 20.5 percent of the shares in Uniper. Upon closing of the transaction, Fortum's stake in Uniper would increase to more than 70.5 percent. The closing of the transaction is subject to the approvals of the regulatory authorities in Russia and the US, which Fortum expects to receive by the end of the first quarter of 2020.
A Uniper spokesman explains: “Our major shareholder Fortum has announced its plan for Uniper. Conversations with the management of Fortum have been going on and we expect these to continue. Our business is solid, and our focus has always been to find solutions that offer the best perspectives for the Uniper employees, our business and customers, our shareholders and partners.”
Once new results are available, Uniper will report accordingly.
About Uniper
Uniper is a leading international energy company with activities in more than 40 countries and around 11,000 employees globally. Its business is the secure provision of energy and related services. Its main activities include power generation in Europe and Russia as well as global energy trading. The company is headquartered in Düsseldorf, Germany.
Uniper's major shareholder Fortum announced today that it has entered into agreements with shareholders Elliott and Knight Vinke to acquire in excess of 20.5 percent of the shares in Uniper. Upon closing of the transaction, Fortum's stake in Uniper would increase to more than 70.5 percent. The closing of the transaction is subject to the approvals of the regulatory authorities in Russia and the US, which Fortum expects to receive by the end of the first quarter of 2020.
A Uniper spokesman explains: “Our major shareholder Fortum has announced its plan for Uniper. Conversations with the management of Fortum have been going on and we expect these to continue. Our business is solid, and our focus has always been to find solutions that offer the best perspectives for the Uniper employees, our business and customers, our shareholders and partners.”
Once new results are available, Uniper will report accordingly.
About Uniper
Uniper is a leading international energy company with activities in more than 40 countries and around 11,000 employees globally. Its business is the secure provision of energy and related services. Its main activities include power generation in Europe and Russia as well as global energy trading. The company is headquartered in Düsseldorf, Germany.
No comments:
Post a Comment