logo
Plus   Neg
Share
Email
Comment

E.ON: Uniper Concludes Sale Of Its Interests In Yuzhno-Russkoye - Quick Facts

E.ON AG (EONGY.PK) reported that Uniper Exploration & Production GmbH (Uniper) successfully concluded the sale of its interests in the Russian gas field Yuzhno-Russkoye to Austrian oil and gas company OMV Exploration & Production GmbH announced on March 5, 2017. All required approvals by the Russian authorities and co-shareholders have been obtained. The transaction will be retroactively effective as of January 1, 2017.

The purchase price for Uniper's interest of approx. 25 percent amounts to 1.749 billion euros, plus cash on balance sheet per December 31, 2016. In addition to the dividends already collected in 2017, Uniper now received 1.719 billion euros.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
After months of bickering, Aurora Cannabis and CanniMed Therapeutics are moving close to a game-changing merger in Canada's red-hot marijuana sector. The big hangup was Aurora's insistence that CanniMed not overpay for smaller rival NewStrike. However, Aurora in its urgency to get the deal done... Budweiser, which has been reigning as the 'king of beers' is now number 4 in sales in U.S. Budweiser lost to Miller Lite in 2017, according to Beer Marketer's Insights, the publication focused on beer industry statistics. Activist investor Bill Ackman's hedge fund Pershing Square Capital Management L.P. is cutting ten employees from its workforce, according to media reports, citing people with knowledge of the matter. The job cuts on Friday have reportedly brought the New York-based company's head count down to 46 and were mostly in the hedge fund's back-office and support staff.
comments powered by Disqus
Follow RTT