Not exact matches
German energy business
Innogy has announced it has
acquired Statkraft's 50 percent share in the Triton Knoll offshore wind project.
Among the largest deals clinched this quarter were U.S. health insurer Cigna Corp's $ 67 billion deal to
acquire U.S. pharmacy chain Express Scripts Holding Co and German utility E.ON SE's $ 38.5 billion deal to
acquire RWE AG's renewable energy business
Innogy SE.
First, E.ON will
acquire RWE's 76.8 % stake in
Innogy — a renewables company created in April 2016 as RWE spun off its renewables, retail, and grid businesses — and RWE will pay E.ON $ 1.5 billion to take on
Innogy's renewables business, along with E.ON's minority stakes in two RWE nuclear plants (Emsland and Gundremmingen),
Innogy's gas storage business, and
Innogy's participation in hydro - rich Austrian energy utility Kelag.
Linklaters, Freshfields Bruckhaus Deringer and Hengeler Mueller are all advising on E.ON's $ 43bn (# 38bn) deal to
acquire a controlling stake in renewable energy business
Innogy from German rival RWE.