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E.ON Sells Uniper Stake To Fortum for $4.5 Billion

E.ON Sells Uniper Stake To Fortum for $4.5 Billion

GALWAY, IRELAND--January 15, 2018--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--Germany's E.ON SE (FWB:EOAN) (Düsseldorf) has agreed to sell its 47% share in its fossil-fuel spin-off company Uniper to Finnish energy major Fortum in a deal worth 3.76 billion euros ($4.5 billion).

Within this article: Details financial agreement, ongoing takeover offer and opposition of Uniper to deal

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