Wednesday 15th March 2017
Engie mulls €4.8bn Innogy stake bid
French utility Engie is mulling a bid for a 26% stake in German renewables group Innogy that would be worth around €4.8bn.
Bloomberg has reported that Engie is in talks with advisers about whether to bid to buy a stake in Innogy, which is a subsidiary of German utility RWE and is worth €18.6bn. RWE owns 77% of Innogy, and said that it could "in principle ...
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