News Digest Item
06 Mar 2017

Uniper sells share in Russian gas field for 1.7 billion euros

Uniper / Reuters

German utility Uniper has agreed to sell its share in a Russian gas field for 1.7 billion euros. The deal with Austrian energy company OMV is “a major step” towards Uniper’s goal to refocus its struggling business, according to a Reuters report. Uniper said its debt-reduction target is ahead of schedule thanks to the sale.

Read the press release in English here and the Nasdaq article in English here.

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