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News Digest Item
07 Feb 2018

Most Uniper shareholders reject takeover offer from Fortum

Uniper / Handelsblatt

A majority of Uniper鈥檚 shareholders has rejected a takeover offer from Finnish utility Fortum, the German fossil fuel utility said in a press release today. Aside from the 46.65 percent share that major shareholder E.ON sold to Fortum, offers from the remaining Uniper shareholders amount to just 0.47 percent. Fortum head Pekka Lundmark said he was satisfied with the 47.12 percent share the company acquired, J眉rgen Flauger writes for Handelsblatt. Uniper CEO Klaus Sch盲fer said low interest from Uniper shareholders in Fortum鈥檚 offer showed that 鈥渢he capital market continues to believe in our strategy and our long-term competitiveness as an independent company鈥.

Read the press release in English and the Handelsblatt article in German .

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