VEW-RWE plan for merger gets boards' approval

Article Abstract:

The supervisory boards of both VEW AG and RWE AG approved the proposed merger of the two firms. The planned merger is valued at 500 million euros.

Electric, Gas & Water Utilities, Utilities, ELECTRIC, GAS, AND SANITARY SERVICES, Energy industries, Energy industry, Public utilities

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EU, German antitrust unit initially object to power deals

Article Abstract:

Proposed mergers between Veba AG and Viag AG, and between RWE AG and VEW AG have been initially objected to by the European Union (EU) and an antitrust unit in Germany.

Diversified Companies, Telecommunications, European Union, Telephone Communication, Public affairs, Telecommunications services industry, Telecommunications industry, Veba AG, Viag AG

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RWE gets approval to launch hostile bid for Hidrocantabrico

Article Abstract:

RWE AG's hostile bid to acquire Hidroelectrica del Cantabrico SA has been approved by antitrust regulators in Spain. The bid is valued at 2.94 billion euros.

Asset sales & divestitures, Foreign operations, Spain, Hidroelectrica Del Cantabrico S.A.

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