News: E.ON SE (EONGn.DE)
15 Aug 2014
Fri, Nov 21 2014
* Alstom, Areva, Gamesa new players in offshore (Adds E.ON board member, EWEA comment, new players)
(Adds E.ON SE, JSW Steel, Bharti Airtel, Cliffs Natural Resources, CAP)
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.
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.
* Shares up 0.5 percent (Recasts, adds CFO comments, Russia context)
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.
* Finland buys Gasum shares from Fortum, E.ON for 510 mln euros
(Adds IBM, Ormat Technologies, Fiat Chrysler, Advent International, Banca Carige, E.ON, Orbital Sciences)
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.
* Assets seen worth 2-2.2 billion euros - sources (Adds details on bidders, background on E.ON's asset sales)