Business · 1 hour ago
Apollo joins the race to buy Germany's rescued gas giant Uniper
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US investment firm Apollo Global Management has made a non-binding offer for Uniper, the German energy company Berlin rescued for €13.5 billion in 2022, Reuters reports, citing two people familiar with the matter. The German government owns 99.12% and wants to sell up to 74.12%. EPH, Brookfield with CPPIB, Equinor and KKR with RWE are also reported bidders, in a deal worth around €10 billion.
Reported by Reuters · How we write briefs