Announced
Completed
Financials
Tags
Acquisition
Completed
Minority
Single Bidder
power generation
Friendly
Public
Alternative Electricity
Germany
Privatisation
Synopsis
E.ON, a European electric utility company, completed the acquisition of the remaining 10% stake in Innogy, an energy company, for $2.6bn. "We’re very pleased that today we completed the final major step in the full takeover and integration of innogy. In the months ahead, we’ll focus on the practical integration of all former innogy operations into our Group. Throughout this process, we’ll ensure that our customers’ interests will continue to always have priority," Johannes Teyssen, E.ON CEO.
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