|Bid||9.354 x 0|
|Ask||9.545 x 0|
|Day's range||9.360 - 9.471|
|52-week range||8.000 - 9.670|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them 16.05.2018 / 10:29 The issuer is solely responsible for the content of this announcement.1. Details of the person discharging managerial responsibilities / person closely associateda) NameTitle:Dr.First name:Johannes AntoniusLast name(s):Teyssen2. Reason for the notificationa) Position / statusPosition:Member of the managing bodyb) Initial notification3. ...
FRANKFURT/DUESSELDORF (Reuters) - Innogy (IGY.DE) held off supporting a 4.9 billion euro (4.37 billion pounds) bid by German rival E.ON (EONGn.DE) on Thursday, saying it was not clear if a far-reaching asset swap with its parent RWE (RWEG.DE) was fair for workers or minority shareholders. E.ON and RWE, which holds a 76.8 percent stake in Innogy, revealed plans to break up the networks and renewables business and divide its assets in March. "Irrespective of the offer price, we are extremely concerned that the job cuts planned by E.ON will be unilaterally pursued to the disadvantage of the Innogy employees," Innogy Chief Executive Uwe Tigges said.
actively worked against the planned sale of E.ON's remaining stake to Finnish peer Fortum (FORTUM.HE). E.ON Chief Executive Johannes Teyssen told shareholders on Wednesday that no decision had been made over how E.ON would vote at Uniper's annual general meeting in relation to a motion to appoint a special auditor. Uniper had said on Tuesday that Cornwall Luxembourg S.a.r.l., which it said was backed by activist investor Elliott, had made such a proposal to identify possible breaches of duty by the board in relation to Fortum's bid.
German energy group E.ON (EONGn.DE) on Wednesday said it would put board member Leonhard Birnbaum in charge of overseeing a complex asset swap with rival RWE (RWEG.DE) that will result in the break-up of renewables and networks group Innogy (IGY.DE). Birnbaum, currently in charge of E.ON's grids and renewables business, will take on his new duties from June and will remain responsible for E.ON's renewables business until it is transferred to RWE as part of the deal. Under the break-up plans, first unveiled in March, E.ON will get Innogy's customer and networks activities, while RWE will receive E.ON's and Innogy's renewables operations, turning it into Europe's third-largest green energy player.
Adjusted EBIT rose by 24 percent, from EUR1 billion in the prior year to EUR1.3 billion. At the presentation of E.ON's quarterly statement for the first quarter of 2018 in Essen, E.ON CFO Marc Spieker affirmed the company's forecast for the 2018 financial year: "The first quarter seamlessly continued our positive performance of last year. E.ON continues to expect the Group's full-year adjusted EBIT to be between EUR2.8 and EUR3 billion and its full-year adjusted net income to be between EUR1.3 and EUR1.5 billion.