Uniper offers investors cash to fend off hostile Finnish takeover
Fossil utility Uniper has promised to raise its dividend by 25 percent every year until 2020 in its battle to remain independent, reports Tobias Buck in the Financial Times. The E.ON spin-off needs to win over shareholders to fend off a hostile takeover bid from Finnish rival Fortum.
Read the article in English here.
The CLEW dossier Utilities and the energy transition carries a lot of background information.