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RWE AG (RWNFF.PK)

RWNFF.PK on OTC Markets Group - US Other OTC and Grey Market

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22 Sep 2016
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Wed, Sep 28 2016

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Some municipal shareholders in Germany's RWE won't take part in Innogy listing

DUESSELDORF, Germany Some of RWE's cash-strapped municipal shareholders will not take part in the initial public offering of Innogy, the German utility's healthy assets that will be listed next week.

RWE has bids for all Innogy shares on offer in largest German IPO since 2000

FRANKFURT German power utility RWE has received orders for all of the shares on offer in the initial public offering of its renewables, network and retail business Innogy, according to one of the bookrunners organizing the stock market listing.

RWE's Innogy eyes largest German IPO since 2000

FRANKFURT Innogy, the renewables, network and retail business of utility RWE, could fetch up to 5 billion euros ($5.6 billion) when it lists next month to become Germany's biggest IPO since the tech boom at the turn of the millennium.

BRIEF-RWE says planned Innogy stock market debut on Oct. 7, 2016

* RWE says innogys stock market debut planned for 7 october 2016 Further company coverage:

IPO of RWE's Innogy division could be worth up to 5 bln euro

FRANKFURT, Sept 22 The initial public offering of German utility RWE's renewables, network and retail business Innogy could be worth up to 5 billion euros ($5.6 billion), according to financial terms disclosed on Thursday.

BRIEF-Innogy SE shares priced between 32 euros to 36 euros for IPO

* Co and management board of Innogy Se determined price range for shares of Innogy se to be offered in IPO to range from euro 32 to euro 36

UPDATE 1-RWE to sell more of Innogy in listing to satisfy demand

* IPO leaves room for anchor shareholders (Adds further CEO comments, ownership context)

RWE CEO sees large investor appetite for Innogy IPO

FRANKFURT/DUESSELDORF, Sept 12 Investors are lining up to get their hands on shares of Innogy, the renewable, network and retail unit German utility RWE plans to list via an initial public offering next month, its chief executive said.

RWE says Innogy IPO to include cap hike, sale of existing shares

FRANKFURT, Sept 12 German utility RWE said the planned initial public offering (IPO) of shares in its renewables, retail and network unit Innogy would also include some of the parent's existing shares.

UPDATE 2-Npower turnaround ahead of plan as RWE wins back customers

* Shares reverse losses, up 2.4 pct (Recasts, adds details on npower, shares)

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