News: E.ON SE (EONGn.DE)

EONGn.DE on Xetra

15 Aug 2014
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€-0.12 (-0.87%)
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Fri, Nov 21 2014

UPDATE 2-Denmark's Dong Energy banks on larger offshore turbines

* Alstom, Areva, Gamesa new players in offshore (Adds E.ON board member, EWEA comment, new players)

Deals of the day- Mergers and acquisitions

(Adds E.ON SE, JSW Steel, Bharti Airtel, Cliffs Natural Resources, CAP)

E.ON in exclusive talks with Macquarie over Spanish ops -sources

MADRID/FRANKFURT, Nov 19 - German utility E.ON has entered exclusive talks with Macquarie to sell its Spanish activities, four sources familiar with the matter told Reuters on Wednesday.

Germany's E.ON hit by weak rouble, industry crisis

FRANKFURT - Germany's top utility E.ON has posted a steep drop in profits at its business in Russia, its most important foreign market, where the rouble has slumped and the economy slowed due to the Ukraine conflict and falling oil prices.

UPDATE 2-Germany's E.ON hit by weak rouble, industry crisis

* Shares up 0.5 percent (Recasts, adds CFO comments, Russia context)

E.ON's core profit falls on sector crisis, Russian woes

FRANKFURT, Nov 12 - Germany's largest utility E.ON posted a 7 percent profit drop in the first nine months of the year, blaming low wholesale prices, excess renewable capacity as well as a weak rouble that hit its Russian business.

UPDATE 2-Finland takes control of gas utility as seeks to diversify supplies

* Finland buys Gasum shares from Fortum, E.ON for 510 mln euros

Deals of the day- Mergers and acquisitions

(Adds IBM, Ormat Technologies, Fiat Chrysler, Advent International, Banca Carige, E.ON, Orbital Sciences)

Bidders line up for E.ON's Spanish assets: sources

FRANKFURT/MADRID - E.ON is asking bidders to submit binding offers for its Spanish business by Nov. 3, in a sale likely to fetch as much as 2.2 billion euros ($2.8 billion) to help Germany's top utility cut debt, three people familiar with the matter said.

UPDATE 1-Bidders line up for E.ON's Spanish assets - sources

* Assets seen worth 2-2.2 billion euros - sources (Adds details on bidders, background on E.ON's asset sales)

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