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Fortum Makes $9.7 Billion Takeover Bid for E.ON's Uniper

Fortum Makes $9.7 Billion Takeover Bid for E.ON

GALWAY, IRELAND--September 25, 2017--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--Finnish utility Fortum Oyj (HEL:FUM1V) (Espoo, Finland) is planning to offer 8.05 billion euros ($9.7 billion) to takeover Uniper SE, the fossil-fuel energy spin-off company that is majority-owned by Germany's largest utility, E.ON SE (FWB:EOAN) (Düsseldorf).

Within this article: Details proposed offer for Uniper SE, related European energy deals and asset sales