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ENERGY Eon remains as Endesa suitors fade Gas Natural is unlikely to revive its ?22.5 billion bid for Endesa despite Endesa asking a court to unblock it, analysts have told [...]

Under new management Will Spain retreat and allow a German takeover of its biggest electricity firm? THE takeover of Endesa, Spain's biggest electricity firm, by E.ON, a German utility, is [...]

by Simon Jones Spanish energy regulator CNE was understood to be considering tough conditions, including the sale by Eon of gas arm Ruhrgas, for its clearance of the German group's [...]

Scottish Power has rejected a bid from German utility rival E.ON, valuing the company at about #11.3bn. E.ON, which owns electricity and gas supplier Powergen, says it called off talks […]

German energy giant Eon's Benelux unit has signed an agreement to acquire Dutch energy group NRE Energie from the city of Eindhoven and 11 local authorities. NRE Energie is the [...]

by Zoe Grainge German energy giant Eon has bought most of the gas assets of Hungary's upstream energy company MOL in a move valued at e2.1 billion. The deal marks [...]

Germany's Eon Energie is looking at consolidating its gas and electricity holdings in central Europe, before considering further expansion eastwards. 'We're much more interested in getting a majority in similar [...]

by Roger Milne The European Commission has come under pressure over energy giant Eon's planned takeover of German gas distributor Ruhrgas. Rival companies, one energy minister and a clutch of [...]

by Sumi Sastri Scottish & Southern Energy has ruled itself out of bidding for Seeboard on the grounds that its rivals, Electricite de France and German utility giant Eon, have [...]

Finland's Fortum has sold its German subsidiary Fortum Energie to Eon Energie for e545 million. Talks on the sale of another of Fortum's German assets - Fortum Kraftwerke Burghausen, a [...]

The Powergen brand is to be axed once the company's acquisition by German multi-utility giant Eon is complete. A source close to the German company told Utility Week that branding [...]

ONLY ten months have passed since Veba and Viag, two German utilities, were knocked together to form a new company, E.ON. The metamorphosis did not stop there. E.ON has been [...]

German utility company E.On's willingness in 2006 to increase its bid for Spain's Endesa has strong business logic behind it, particularly the attraction of profiting from likely rises in Spanish electricity tariffs and the possibility of offsetting future risks by selling Endesa's Latin American assets. However, given E.On's self-imposed target of achieving a 9% return on common equity in 2008 and the importance of maintaining its credit rating, the company is testing the commitment of its equity and bond holders to its expansion plan.

AREGULATOR is never going to please everybody. But Spain's energy authorities have achieved the feat of pleasing no-one with ham-fisted attempts to obstruct the proposed acquisition of Endesa by E.On [...]

France: E.ON is the latest favourite to acquire the French low cost energy provider Direct Energie, which has been seeking a partner to expand its operations for some time. It [...]

Germany utility E.ON has announced an all-cash offer to buy Endesa, Spain's largest electricity company, in a move that would create the world's largest power and gas company and that [...]

TERRA FIRMA, THE PRIVATE equity company of Guy Hands, has won the race to acquire the 150,000-strong residential portfolio of Germany energy company Eon, paying 7bn € (5bn £). In [...]

MOL, THE Hungarian oil and petrochemicals company, is gathering a large cash pile for acquisitions after agreeing to sell 75 percent of its gas business to E.ON of Germany for [...]

Terms have been agreed for the sale of Midlands Electricity to Powergen, the UK subsidiary of E. On, for a total price of [pounds sterling]1.146 billion. The acquisition doubles the [...]

CEZ and E.On have agreed on an exchange of minority stakes in regional power distributors. CEZ will transfer to E.On stakes in Jihomoravska Energetika and Jihoceska Energetika, and in exchange [...]

Germany's E.ON Energie plans to increase its stakes in Lithuanian electricity utilities RST and VST in which the government plans to sell shares later this year. The govermnent has an [...]

It is a hard to see when exactly the concept of open, free markets - intended to promote competition and consumer choice - became an invitation to monolithic energy giants [...]

The US Securities and Exchange Commission has ruled on EON's acquisition of Powergen granting the German utility conditional approval for the deal which will create the world's largest investor-owned energy [...]