Friday 19 April 2024
 
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German utility

RWE pours water on hopes for GCC shareholder

Talks between RWE and an unnamed Gulf-based investor no longer focus on an equity stake in the German utility, a spokeswoman for RWE said on Thursday, dashing hopes that the ailing group could gain a new anchor shareholder. An inj

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RWE pours water on hopes for GCC shareholder

Talks between RWE and an unnamed Gulf-based investor no longer focus on an equity stake in the German utility, a spokeswoman for RWE said on Thursday, dashing hopes that the ailing group could gain a new anchor shareholder. An inj

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Arab investor in key talks with German utility RWE

German energy utility RWE is in talks with an Arab investor about several possible forms of co-operation, a spokeswoman for the company said, offering hope that the cash-strapped group may gain a new shareholder with deep pockets.

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German utility RWE closes energy unit sale

German utility RWE said it had closed the sale of its oil and gas production unit DEA to Russian billionaire Mikhail Fridman, confirming what a source familiar with the matter told Reuters earlier on Monday. The terms of the deal

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German utility RWE closes energy unit sale

German utility RWE said it had closed the sale of its oil and gas production unit DEA to Russian billionaire Mikhail Fridman, confirming what a source familiar with the matter told Reuters earlier on Monday. The terms of the deal

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German utility RWE plans Egypt assets sale

German utility RWE has earmarked oil and gas assets in Egypt for sale in a bid to shore up its finances as Germany moves to exit nuclear energy, the Financial Times reported on Friday. RWE-DEA, the company's oil and gas exploration unit, h

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