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Fridman and Khan's LetterOne group had agreed to buy the RWE Dea unit for €5.1 billion ($5.6 billion) in a deal expected to close next week. Dea operates in several countries including the UK ...
The deal to sell RWE’s oil-and-gas arm Dea would give Mr. Fridman the assets to launch a new international oil company, with fields in Great Britain, Norway, Denmark and Germany and licenses to ...
RWE (LSE: 0HA0.L - news) says DEA sale to be completed on Monday * Britain blocks part of sale to Russian tycoon * RWE says UK move won't affect deal completion (Adds context, detail) LONDON/FRANKFURT ...
German utility RWE AG has revised the terms of its deal to sell oil and gas unit RWE Dea AG to Russian investors, trimming the price to €5 billion ($5.8 billion) and inserting a clause ...
FRANKFURT-- RWE AG said on Friday it has agreed to sell its oil and gas unit Dea to LetterOne by early March for 5 billion euros ($5.81 billion), EUR100 million less than previously agreed ...
FRANKFURT—RWE AG said on Friday it has agreed to sell its oil and gas unit Dea to LetterOne by early March for 5 billion euros ($5.81 billion), €100 million less than previously agreed ...
RWE AG, Hamburg, and LetterOne Group, Luxembourg, have agreed to complete the sale of RWE Dea in its entirety by early March, at latest, for €5 billion based on current exchange rates.
RWE Dea doubled its oil and gas production in Egypt and drawn up expansion plans. North Africa is a strategic core region for Dea. The company is one of the leading foreign investors in Egypt and ...
Oct 15 (Reuters) - Britain's energy minister may not approve a deal for German utility RWE (Xetra: 703712 - news) to sell its oil and gas unit for 5.1 billion euro ($6.52 billion) to a consortium of ...
RWE AG, Germany’s largest power producer, said a plan to sell its RWE Dea oil and gas unit to Russian tycoon Mikhail Fridman’s LetterOne investment group has been delayed as a U.K. regulator ...
ESSEN, Germany, Sept. 18 (UPI) --German energy company RWE Dea said it won the rights to explore two areas off the coast of Egypt it says will provide "promising opportunities." The German company ...
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