A sale of the stake, worth 285 million euros (251.64 million pounds) based on E.ON's current market capitalisation, has not yet been decided, he added.
(Reporting by Joern Poltz; Writing by Christoph Steitz; Editing by Maria Sheahan)
Real-time Estimate
Other stock markets
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5-day change | 1st Jan Change | ||
12.53 EUR | +0.10% | 0.00% | +3.05% |
05-02 | E.ON : UBS remains Buy on the stock | CF |
05-01 | Union parliamentary group still has unanswered questions about nuclear phase-out | DP |
KLOSTER BANZ, Germany (Reuters) - The German state of Bavaria could sell its 1.44 percent stake in energy firm E.ON to fund the development of new housing, its finance minister Markus Soeder said on Thursday.
A sale of the stake, worth 285 million euros (251.64 million pounds) based on E.ON's current market capitalisation, has not yet been decided, he added.
(Reporting by Joern Poltz; Writing by Christoph Steitz; Editing by Maria Sheahan)
1st Jan change | Capi. | |
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+3.05% | 34.97B | |
-22.00% | 84.17B | |
+55.95% | 79.41B | |
-.--% | 51.55B | |
-0.07% | 49.24B | |
-2.49% | 46.1B | |
-3.85% | 39.42B | |
+14.51% | 34.91B | |
-9.34% | 23.24B | |
+3.29% | 22.35B |