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E.ON to split company

Duesseldorf - E.ON will focus on renewables, distribution networks, and customer solutions and combine its conventional generation, global energy trading, and exploration and production businesses in a new, independent company, a majority of which will be spun off to E.ON SE shareholders.

This new organizational setup is the logical consequence of the new strategy that the E.ON SE Supervisory Board decided on at its meeting.

E.ON Supervisory Board Chairman Werner Wenning said about the decision:



Source: IWR Online, 01 Dec 2014

 


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