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22 Jun 2016
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Fri, Jun 24 2016

Germany's E.ON says Brexit consequences are manageable

FRANKFURT, June 24 German utility E.ON on Friday said the decision by British voters to leave the European Union was manageable for the company because its business in Britain was regional.

E.ON's Uniper signals confidence with financing ahead of split

FRANKFURT, June 2 German utility E.ON's Uniper unit said on Thursday it has secured a 5 billion-euro ($5.6 billion) financing line from three big banks, a move it says shows market confidence in its future after its planned spin-off later this year.

UPDATE 1-Germany to shut nuclear liability loophole -sources

* Govt wants to ensure utilities liable for nuclear shutdown costs

Hedge fund Knight Vinke calls for more E.ON divestments

FRANKFURT Hedge fund Knight Vinke has called for more asset sales at Germany's largest utility E.ON in a letter to the fund's own investors.

Hedge fund Knight Vinke calls for more E.ON divestments

FRANKFURT, May 19 Hedge fund Knight Vinke has called for more asset sales at Germany's largest utility E.ON in a letter to the fund's own investors.

E.ON sells central European power forward at above-market prices

FRANKFURT, May 11 German utility E.ON has made forward sales of its central European power production at above-market prices for most of the next two years, but it faces power generation losses once the contracts expire, slides showed on Wednesday.

UPDATE 1-E.ON posts higher first quarter profit after Gazprom deal

FRANKFURT, May 11 E.ON, Germany's largest utility, reported an eight percent rise in first-quarter core earnings on Wednesday, citing a one-off price-cutting deal for gas purchases and saying the split-up of the group remained top of the agenda.

UPDATE 1-Competition hits EDF sales, nuclear production target cut

* Expects credit rating decisions in coming days (Adds CFO comments about competition and M&A)

E.ON's Uniper woos investors with cost cuts, asset sales

FRANKFURT Uniper, the power plant and energy trading business being spun off by Germany's biggest utility E.ON , on Thursday promised cost cuts, asset sales and a dividend in its battle to keep investors onboard despite faltering markets.

E.ON sees higher operating profit in 2017: CFO

FRANKFURT E.ON expects its operating profit to rise next year, Chief Financial Officer Michael Sen told analysts on Tuesday, pointing to a large contribution from the group's renewable operations.

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