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RWE AG (RWEG.DE)

RWEG.DE on Xetra

22.01EUR
9:27am EDT
Change (% chg)

€0.14 (+0.64%)
Prev Close
€21.87
Open
€22.10
Day's High
€22.42
Day's Low
€21.98
Volume
3,757,962
Avg. Vol
4,463,067
52-wk High
€23.32
52-wk Low
€14.70

Latest Key Developments (Source: Significant Developments)

Dortmund cuts voting rights in RWE to 4.1 from 5.7 percent
Friday, 6 Apr 2018 08:08am EDT 

April 6 (Reuters) - RWE AG ::SAYS VOTING RIGHTS OF CITY OF DORTMUND DECREASED TO 4.1 PERCENT FROM 5.7 PERCENT AS OF APR 6.  Full Article

Enel CEO says better to be integrated utility, risky to bet on one part of value chain
Thursday, 22 Mar 2018 02:06pm EDT 

March 22 (Reuters) - Enel CEO Francesco Starace says in conference call::REPLYING TO QUESTION ON RECENT E.ON-RWE DEAL IN GERMANY, BETTER TO BE INTEGRATED UTILITY, BEING A "PURE PLAY" DOES NOT MAKE SENSE AND IT IS RISKY TO BET ON ONE PART OF VALUE CHAIN.IF THERE IS CONSOLIDATION IN SPAIN WE WILL LOOK AT IT.SEES NO LARGE M&A FOR ENDESA UNIT IN IBERIA REGION, BOLT-ON ACQUISITIONS POSSIBLE.AFTER GENERAL ELECTIONS, THE LIKELIHOOD OF POSTPONEMENT OF JUNE 2019 DEADLINE FOR FULL LIBERALISATION OF ITALY'S POWER MARKET "HIGHER THAN BEFORE".  Full Article

SSE Says Does Not Believe That Agreement With Innogy Should Be Affected By EON/RWE Agreement​
Monday, 12 Mar 2018 11:06am EDT 

March 12 (Reuters) - Sse Plc ::‍NOTED ANNOUNCEMENT OF AN 'AGREEMENT IN PRINCIPLE' BETWEEN EON SE AND RWE AG RELATING TO RWE'S STAKE IN INNOGY SE​.‍SSE DOES NOT BELIEVE THAT AGREEMENT WITH INNOGY SHOULD BE AFFECTED BY EON/RWE AGREEMENT​.  Full Article

RWE Power And ENBW Sell Their Stakes In The Hungarian Company Mátra
Thursday, 14 Dec 2017 08:01am EST 

Dec 14 (Reuters) - RWE AG ::RWE POWER AND ENBW SELL THEIR STAKES IN THE HUNGARIAN COMPANY MÁTRA.‍NON-DISCLOSURE AGREEMENT WAS SIGNED IN RESPECT OF PURCHASE PRICE​.PURCHASER IS A CONSORTIUM OF EP HOLDING AND MÉSZÁROS.‍DEAL IS EXPECTED TO CLOSE IN Q1 OF 2018​.‍TRANSACTION WILL INVOLVE ENBW SHEDDING ITS NON-STRATEGIC INTEREST​.  Full Article

BASF and L1 Energy announce merger of oil and gas units
Thursday, 7 Dec 2017 01:00pm EST 

Dec 7 (Reuters) - BASF AND LETTERONE'S L1 ENERGY::ANNOUNCE THEIR INTENTION TO MERGE THEIR OIL AND GAS SUBSIDIARIES.WINTERSHALL DEA TO BE ONE OF THE LARGEST INDEPENDENT EUROPEAN EXPLORATION AND PRODUCTION COMPANIES, SAY BASF AND LETTERONE.CLOSING OF WINTERSHALL DEA DEAL COULD BE EXPECTED IN THE SECOND HALF OF 2018, SUBJECT TO CUSTOMARY REGULATORY APPROVALS.IN THE MEDIUM TERM,L1 ENERGY AND BASF INTEND TO LIST WINTERSHALL DEA THROUGH AN IPO - STATEMENT.L1 ENERGY WILLCONTRIBUTE DEA INTO WINTERSHALL AGAINST ISSUANCE OF NEW SHARES TO L1 ENERGY.SHALL INITIALLY HOLD 67 PERCENT AND L1 ENERGY SHALL HOLD 33 PERCENT OF WINTERSHALL DEA - STATEMENT.  Full Article

Enel CEO rules out large-size deals, not interested in Innogy
Tuesday, 21 Nov 2017 05:10am EST 

Nov 21 (Reuters) - Enel CEO Francesco Starace says in a conference call::has negative view of large M&A deals.asked about an Innogy deal, says "banks come to us now and then", but have not hired banks and not interested.Endesa will not be active in M&A outside Iberian market.excludes large M&A but cannot rule out mid-size deals.  Full Article

RWE "very happy" to hold on to stake in grid operator Amprion-CFO
Tuesday, 14 Nov 2017 06:37am EST 

Nov 14 (Reuters) - Rwe :Cfo says acquisitions in the area of gas would be a good proposal.Cfo says "very happy" to hold on to stake in grid operator amprion.  Full Article

Innogy CFO says cannot rule out further impairment charges at npower
Monday, 13 Nov 2017 04:16am EST 

Nov 13 (Reuters) - Innogy :Cfo says trend at npower is clearly positive.Cfo says if current turnaround programme at npower does not work we will consider doing more.Cfo says there are currently no plans for additional job cuts at npower.Cfo says cannot rule out further impairments at npower if situation in uk deteriorates further.  Full Article

RWE offers to buy back up to 550 mln euros in hybrid bonds​
Friday, 6 Oct 2017 09:55am EDT 

Oct 6 (Reuters) - RWE AG :‍OFFERS TO BUY BACK UP TO 550 MILLION EUROS IN HYBRID BONDS​.OFFER RELATES TO FOUR RWE HYBRID BONDS WHICH CANNOT BE CANCELLED UNTIL AFTER 2017.  Full Article

RWE announces volume of hybrid bond repurchase
Friday, 6 Oct 2017 04:29am EDT 

Oct 6 (Reuters) - RWE :Says ‍announcement of volume of hybrid bonds repurchase​.Says ‍aggregate principal amount of repurchased hybrid bonds equals an amount of approx. Eur 584.61 million​.  Full Article

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Innogy agrees with E.ON and RWE on planned transaction

BERLIN Innogy said it has reached two legally binding agreements with E.ON and RWE for a fair integration process and supported its planned break-up, clearing the way for the complex deal to progress.