- The German government will spend €8 billion to acquire 99% of the shares of ailing gas giant Uniper after agreeing with the Finnish government, whose state-company Fortum is a major shareholder.
- The nationalisation will see the government invest €8 billion through a capital increase, spending €1.70 per share.
- Fortum, a Finnish state-owned company, previously held 78% of Uniper’s shares.
Berlin to acquire 99% of Uniper as major energy company trades hands
