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RWE AG (RWNFF.PK)

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

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Latest Key Developments (Source: Significant Developments)

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

RWE announces ‍tender offer for hybrid bonds​
Tuesday, 26 Sep 2017 04:34am EDT 

Sept 26 (Reuters) - RWE AG ::‍TENDER OFFER FOR HYBRID BONDS​.‍WILL ACCEPT FOR REPURCHASE NOTES IN AN AGGREGATE PRINCIPAL AMOUNT OF UP TO A MAXIMUM OF EUR 550,000,000.‍SETTLEMENT IS EXPECTED TO TAKE PLACE ON 10 OCTOBER 2017​.  Full Article

RWE cancels $1 billion hybrid bond on earliest possible date
Tuesday, 29 Aug 2017 04:15am EDT 

Aug 29 (Reuters) - RWE AG ::CANCELS USD 1 BILLION HYBRID BOND ON EARLIEST POSSIBLE DATE.RWE WILL EXERCISE ITS CANCELLATION RIGHT WITH EFFECT FROM 12 OCTOBER 2017, 5 YEARS AFTER THE ISSUANCE OF THE BOND.‍​.WILL NOT TAKE OUT ANY NEW HYBRID BONDS FOR PURPOSE OF REFINANCING IN PLACE OF BOND IT IS ABOUT TO CANCEL.  Full Article

E.ON's Urenco stake will remain on sales list "until it is done" -CEO
Wednesday, 9 Aug 2017 06:13am EDT 

Aug 9 (Reuters) - E.On :Cfo says brokdorf nuclear plant outage cost the company 100 million eur in h1 POWER/DE.Ceo says urenco stake will remain on sales list "until it is done".  Full Article

UPDATE 1-Innogy enters U.S. wind market with 2 GW portfolio buy

* Innogy shares up 1.2 pct, parent RWE up 1.8 pct (Recasts, adds context, details)