{
  "id": 12666078,
  "title": "Exclusive-Apollo submits non-binding bid for German energy firm Uniper, sources say",
  "url": "https://urgent.news/2026/10/07/exclusive-apollo-submits-non-binding-bid-for-german-energy-firm",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-07T16:49:25.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/stock-market-news/exclusiveapollo-submits-nonbinding-bid-for-german-energy-firm-uniper-sources-say-4936283"
  },
  "original_language": "en",
  "account": "Apollo Global Management has submitted a non-binding offer for German energy firm Uniper, according to sources. This comes as potential bidders have until September 21 to submit indicative bids for the German utility, which was taken over by the government in 2022. Since the bailout, Berlin has received €3.5 billion from Uniper, including state aid paybacks and dividends. The planned sale of Uniper, which could value the firm at €10 billion, would make it one of Europe's biggest utility deals of the year. Energy supply has become a geopolitical and strategic issue for nations worldwide, heightened by disruptions from the Iran war and attempts to sabotage power grids. Germany's finance ministry, overseeing its 99.12% stake in Uniper and advised by UBS and JPMorgan, aims to sell up to 74.12% of the energy firm to meet EU requirements to reduce its stake to a blocking minority by 2028. Czech firm EPH, controlled by billionaire Daniel Kretinsky, as well as a consortium of Brookfield and Canada's CPPIB, have submitted indicative bids. Norway's Equinor and a consortium consisting of KKR and rival German utility RWE have also submitted bids. Suitors are expected to learn if they can proceed to the next round in the coming weeks. Uniper is being sold through a dual track process, with an initial public offering being explored by the government, a favored scenario by the company's unions who fear a possible breakup under new ownership.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Seeking Alpha News",
        "title": "Apollo latest to submit non-binding bid for German energy firm Uniper - Reuters",
        "url": "https://urgent.news/2026/10/07/apollo-latest-to-submit-non-binding-bid-for-german-energy-firm-uniper",
        "published": "2026-10-07T12:22:34.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}