December 19, 2017 / 12:49 PM / 8 months ago

Uniper owners tendered 0.15 percent of shares to Fortum by Tuesday

HELSINKI (Reuters) - Finnish utility Fortum (FORTUM.HE) has been offered 0.15 percent of shares in Germany’s Uniper (UN01.DE) by Tuesday under its 8.05 billion euro ($9.5 billion) takeover bid, a weekly regulatory filing on Fortum’s website showed.

FILE PHOTO: A general view of the Fortum headquarters in Espoo, Finland August 18, 2017. REUTERS/Lefteris Karagiannopoulos/File Photo

Fortum in September clinched a deal to buy E.ON’s (EONGn.DE) 46.65 percent stake in Uniper, but then launched a full offer to all shareholders due to German takeover rules. Uniper has considered the bid as hostile and too low.

The number of shares tendered on top of E.ON’s stake will determine whether Fortum can get a controlling stake in Uniper.

E.ON can sell its stake by Jan. 11 while all other shareholders can tender shares by Jan. 16.

Reporting by Jussi Rosendahl; Editing by Christoph Steitz

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