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German power deal sets template for European Union utilities M&A

Under the deal, announced on Sunday, German utility RWE will combine the renewables businesses of rival E.ON with Innogy’s, while E.ON will acquire Innogy’s regulated energy networks and customer operations. PARIS: An all-German deal to split Innogy between RWE and E.ON looks set to create a template for European utilities M&A that includes the demise […]

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