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Energy groups: Canadians, Norwegians and Britons in the shortlist for Uniper takeover

The Federal Government has invited three bidders to submit binding offers for Germany's most important gas supplier. A strategic bidder from Germany apparently has the disadvantage.

Translated from German Read in German

Energy groups: Canadians, Norwegians and Britons in the shortlist for Uniper takeover

The German government has narrowed down the bidders for the takeover of gas supplier Uniper. A consortium of Canadian investors Brookfield and CPP, Norwegian energy company Equinor, and British gas supplier Centrica have been invited to submit a binding offer for the Düsseldorf-based company. A bidding consortium consisting of energy company RWE and financial investor KKR, as well as EP Group of Czech billionaire Daniel Kretinsky, have dropped out of the process. The government will retain a 25% stake in Uniper, giving it a veto over important decisions.

Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

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