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RWE AG
M&A Activity • Mar 14, 2017
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M&A Activity
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Corporate | 14 March 2017 06:55
RWE Aktiengesellschaft: RWE does not comment on press speculation regarding a possible takeover of innogy by third parties
DGAP-News: RWE Aktiengesellschaft / Key word(s): Statement
14.03.2017 / 06:55
The issuer is solely responsible for the content of this announcement.
Essen, 14 March 2017
After yesterday’s emergence of market rumours regarding a takeover of its financial asset innogy by third parties, RWE clarifies that it does not comment on market rumours.
Furthermore, RWE clarifies that in 2015 the Supervisory Board of RWE AG decided in connection with the IPO of innogy that RWE can in principle sell innogy shares and thereby reduce its stake to 51%. There are no further corporate decisions in place in this context.
Please direct inquiries to:
Stephanie Schunck
RWE AG
Head of Corporate Communications
T +49-201-12-22088
Lothar Lambertz
RWE AG
Head of Corporate Press Relations
T +49-201-12-23984
About RWE AG
RWE AG, with its headquarters in Essen, Germany, has two operational fields of business -conventional electricity generation and energy trading. The company plays a crucial role in power system operations and security of supply across Europe. Its third business foundation is a majority interest in innogy SE, one of the continent’s leading energy companies. With its three operational areas, Renewable Energies, Grid & Infrastructure and Energy Sales, innogy’s 40,000 employees manage all demands of today’s energy world. RWE Group comprises of almost 60,000 employees who are engaged in all levels of the energy industry’s value creation chain.
14.03.2017 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
| Language: | English |
| Company: | RWE Aktiengesellschaft |
| Opernplatz 1 | |
| 45128 Essen | |
| Germany | |
| Phone: | +49 (0)201-12-15025 |
| Fax: | +49 (0)201-12-15265 |
| E-mail: | [email protected] |
| Internet: | www.rwe.com |
| ISIN: | DE0007037129, DE0007037145, , Weitere ISINs von Fremdkapital- und Hybridanleihen sind unter http://www.rwe.com/web/cms/de/1775762/rwe/investor-relations/anleihen/finanzierungsinstrumente/rwe-anleihen-im-ueberblick/, aufgelistet., |
| WKN: | 703712, 703714, , Weitere WKNs von Fremdkapital- und Hybridanleihen sind unter http://www.rwe.com/web/cms/de/1775762/rwe/investor-relations/anleihen/finanzierungsinstrumente/rwe-anleihen-im-ueberblick/ aufgelistet. |
| Listed: | Regulated Market in Dusseldorf, Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; Luxemburg |
| End of News | DGAP News Service |