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Fortum Oyj (FORTUM.HE)

FORTUM.HE on Helsinki Stock Exchange

16.94EUR
14 Dec 2017
Change (% chg)

€-0.15 (-0.88%)
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Thu, Dec 7 2017

UPDATE 2-Germany's Uniper flags higher dividends to fend off Fortum bid

FRANKFURT/DUESSELDORF, Dec 7 German energy firm Uniper on Thursday promised higher dividends in coming years in its bid to convince shareholders not to tender their stock to Fortum in the Finnish group's 8.05 billion euro ($9.49 billion) takeover bid.

Paul Singer's Elliott takes stake in takeover target Uniper

FRANKFURT Activist investor Elliott Management has taken a 5.32 percent stake in Uniper, putting pressure on Finland's Fortum to sweeten its 8.05 billion euro ($9.51 billion) takeover offer for the German energy company.

UPDATE 2-Paul Singer's Elliott takes stake in takeover target Uniper

* Uniper shares close up 3.9 pct after hitting record (Recasts, adds context on E.ON-Fortum deal, shares)

Uniper could make small M&A deals: CFO

FRANKFURT German energy firm Uniper, subject to a 8.05 billion euro ($9.54 billion) takeover bid by Finnish peer Fortum, could make small and selective acquisitions itself, its finance chief told the online version of FINANCE magazine.

Uniper willing to talk to Fortum after rejects bid

FRANKFURT/DUESSELDORF German energy group Uniper rejected an 8.05 billion euro ($9.5 billion) takeover bid from Finland's Fortum on Tuesday but will hold talks as it seeks a higher offer and more commitments to the company's future.

Fortum CEO had 'constructive' meeting with Uniper CEO: WirtschaftsWoche

FRANKFURT Finnish energy company Fortum's Chief Executive Pekka Lundmark had a good first meeting with the boss of takeover target Uniper , Klaus Schaefer, he told German magazine WirtschaftsWoche.

Fortum CEO had "constructive" meeting with Uniper CEO - WirtschaftsWoche

FRANKFURT, Nov 16 Finnish energy company Fortum's Chief Executive Pekka Lundmark had a good first meeting with the boss of takeover target Uniper, Klaus Schaefer, he told German magazine WirtschaftsWoche.

Fortum's $1.7 billion break fee makes rival bid for Uniper unlikely

FRANKFURT/HELSINKI Germany's E.ON might have to pay as much as 1.5 billion euros ($1.7 billion) if a deal to sell its stake in Uniper to Finnish power group Fortum falls through, raising the bar for any rival to enter the auction.

UPDATE 2-Fortum's $1.7 bln break fee makes rival bid for Uniper unlikely

* Uniper 9-month adjusted EBIT down 24 pct (Recasts, adds Uniper CFO comments)

Fortum will not raise offer for Uniper - CEO

HELSINKI, Nov 7 Fortum Chief Executive Pekka Lundmark said on Tuesday the Finnish utility had no plans to raise its 8 billion euro ($9.3 billion) offer for Germany's Uniper.

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