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E.ON sees job cuts, synergies in German utilities shake-up

ESSEN, Germany  – German energy firm E.ON said on Monday it expects as many as 5,000 job cuts and up to 800 million euros ($987 million) of synergies as part of an asset swap with peer RWE involving its renewables and network arm Innogy. Plans to break up Innogy and divide its assets between parent […]

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