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Germany to Nationalize Gas Giant Uniper in Historic Bailout.
- Source :
- Bloomberg.com; 9/20/2022, pN.PAG-N.PAG, 1p
- Publication Year :
- 2022
-
Abstract
- Separately, Fortum confirmed the negotiations are in the final stages and that the elements being discussed include a sale of Fortum's Uniper shares to the German state, return of the financing Fortum granted to Uniper as well as a planned capital injection by the German state to Uniper. (Bloomberg) -- The German government is planning to inject about 8 billion euros ($8 billion) into Uniper SE as part of a historic agreement to nationalize the gas giant and stave off a collapse of the country's energy sector. [Extracted from the article]
- Subjects :
- GAS giants
GOVERNMENT debt limit
FINANCIAL bailouts
STOCK prices
CONSUMERS
Subjects
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Bloomberg.com
- Publication Type :
- Periodical
- Accession number :
- 159212127