RWE Spin-off Valued at Up to 20 Billion Euro
GALWAY, IRELAND--September 28, 2016--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--European power companies continue to refocus their fortunes on renewable energy as German energy giant RWE AG (FWB:RWE) (Essen, Germany) announced this week that shares in its spin-off business innogy will be up for grabs next month.
Within this article: Details IPO of RWE's new energy spin-off company