Market Chatter: RWE Says Its Uniper Role Would Be Limited After Joint Bid With KKR
MT Newswires Live
Yesterday
RWE Chief Executive Markus Krebber said any involvement by the German utility in Uniper would be limited after RWE and KKR (KKR) submitted a joint non-binding bid for the state-owned energy company, Bloomberg reported Wednesday.
RWE is not targeting a takeover, given its significant position in Germany's energy market, Krebber said in an interview with Bloomberg.
RWE did not immediately respond to MT Newswires' request for comment.
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