Börse Express – Innogy Annual General Meeting decides on compulsory severance payment

The largest reorganization of the German energy sector
of the past decades goes on Wednesday (10:00 a.m.)
Stretch. At a general meeting of the Essen energy group
Innogy the realignment of the business areas of
Industry giant Eon and RWE sealed
become. The General Meeting will vote on whether the
remaining minority shareholders of Innogy against one
Severance payment will be forced out of society.
The yes is considered safe because Eon already has at least 90 percent
of Innogy shares.

Eon and RWE had agreed in March 2018, the RWE subsidiary Innogy
to divide among themselves. Eon wants to focus entirely on operations in the future
of electricity and gas networks as well as business with customers
focus. In return, RWE receives the renewable energies from
Innogy and Eon and wants to become one of the world’s leading producers
of green electricity. The EU Commission already has the deal
approved. Innogy only went public in October 2016
gekommen./hff/DP/stw

 ISIN  DE000ENAG999  DE0007037129  DE000A2AADD2

AXC0024 2020-03-04 / 05: 49

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