ESSEN, Germany (Reuters) - E.ON EONGn.DE could gain full control of Innogy IGY.DE without raising its 40-euros-per-share ($49.5) bid for minority shareholders, its Chief Executive said after clinching a deal to buy RWE's RWEG.DE 76.8 percent majority stake in the group.
E.ON had identified multiple ways to do this, Johannes Teyssen told analysts during a call without specifying, adding the group would not fall victim to “funny ideas” by potential activist shareholders.
($1 = 0.8083 euros)
Reporting by Christoph Steitz and Vera Eckert; Editing by Edward Taylor
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