“E.ON CEO eyes quick Uniper sale following record loss”
E.ON chief executive Johannes Teyssen plans a quick sale of the group's remaining stake in fossil fuel spin-off Uniper, Christoph Steitz and Tom Käckenhoff report for Reuters. Speaking at the company’s annual general meeting, Teyssen said the sale would recover part of the losses Uniper triggered at E.ON. E.ON’s shareholders had to swallow a 16 billion euro annual net loss for 2016, one of the largest in German corporate history.
Read the story in English here.
For background, read the CLEW factsheet E.ON shareholders ratify energy giant’s split.