DGAP-Ad-hoc: innogy SE / Key word(s): Mergers & Acquisitions/Joint Venture
innogy SE ("innogy") and SSE plc ("SSE") are in advanced exclusive discussions regarding a combination of the retail activities of innogy's subsidiary npower and SSE's B2C (retail customers) and Energy+ activities in Great Britain. The combined business would be listed and SSE would demerge its shares to its shareholders. No binding agreements regarding the terms of the combination have been entered into at this stage. Any transaction would be subject to appropriate corporate and board approvals and the consent of the competent competition and regulatory authorities.
Responsible person: Dr. Claudia Mayfeld, General Counsel of innogy SE
07-Nov-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
|Listed:||Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; Luxemburg|
|End of Announcement||DGAP News Service|
626041 07-Nov-2017 CET/CEST