News: RWE AG (RWEG.DE)

RWEG.DE on Xetra

28.83EUR
15 Aug 2014
Price Change (% chg)

€0.14 (+0.51%)
Prev Close
€28.68
Open
€28.64
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€29.61
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€28.64
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€32.98
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Fri, Aug 22 2014

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Germany clears $6.9 billion RWE unit sale to Russian investor

FRANKFURT/BERLIN - Germany's economy ministry approved the sale of utility RWE's oil and gas unit DEA to a Russian investor despite tensions between Russia and the West over the Ukraine crisis.

UPDATE 1-Germany clears $6.9 bln RWE unit sale to Russian investor

* 5 bln euro DEA deal major plank of RWE's drive to cut debt (Releads on official confirmation)

Germany approves RWE unit sale amid Russia tensions

BERLIN - The German government has approved the sale of utility RWE's oil and gas unit DEA to Letter One, a spokesman for the group of investors led by Russian tycoon Mikhail Fridman said on Friday.

Germany approves RWE unit sale amid Russia tensions

BERLIN, Aug 22 - The German government has approved the sale of utility RWE's oil and gas unit DEA to Letter One, a spokesman for the group of investors led by Russian tycoon Mikhail Fridman said on Friday.

UPDATE 1-Market Chatter-Corporate finance press digest

Aug 22 - The following corporate finance-related stories were reported by media:

Germany gives nod to RWE unit sale to Russian investor -sources

FRANKFURT/BERLIN, Aug 22 - Germany's economy ministry will approve the sale of utility RWE's oil and gas unit DEA to a Russian investor despite tensions between Russia and the West over the Ukraine crisis, two people familiar with the matter said.

UPDATE 3-Germany's RWE warns of supply risks as power crisis bites

* Germany should follow Britain, France in plant support scheme

REFILE-UPDATE 2-Germany's RWE warns of supply risks as power sector crisis bites

* Germany should follow Britain, France in plant support scheme

Conergy, RWE form solar leasing partnership

FRANKFURT, July 7 - Solar group Conergy and German utility RWE have struck a deal to lease out solar systems for a monthly fee, hoping commercial clients will install the technology on factories, warehouses and offices to lower their energy bills.

RWE's npower must sort out billing or face sales curbs - UK watchdog

* Failure to meet monthly targets will see end to telesales

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