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Investors give E.ON edge after big German power deal

FRANKFURT/DUESSELDORF – German utility E.ON (EONGn.DE) is emerging as an investor favorite following a major asset swap deal with rival RWE (RWEG.DE) this week, with its eye-popping share of regulated profits outshining RWE’s riskier bet on renewables. Following the deal, announced on Sunday, shares in both companies soared, as did those in RWE’s networks and […]

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