
According to insiders, the financial investor Apollo Global Management has made a non-binding offer for the energy company Uniper.
AI-generated summary
Uniper is a nationalized German energy company. The federal government is currently examining both a sale and an IPO.
Another investor is probably entering the takeover battle for the energy company Uniper. According to insiders, Apollo has made an offer. The federal government is currently taking a two-pronged approach.
DĂŒsseldorf, Frankfurt. According to insiders, the financial investor Apollo Global Management has also entered the race for a possible takeover of the nationalized energy company Uniper.
Apollo has made a non-binding offer for Germany's largest gas company, two people familiar with the matter told the Reuters news agency on Wednesday. Uniper and Apollo declined to comment.
The deadline for non-binding bids expired on September 21st. The federal government has so far taken a two-pronged approach: It is exploring both a sale and an IPO of Uniper.

South Korea will invest around 668 billion euros in the green transformation of its industry by 2035. The aim is to reduce CO2 emissions, expand renewable energies to 100 gigawatts by 2030 and promote hydrogen and battery technologies.

A broad alliance from the renewable energy industry and civil society warns that current draft laws endanger the expansion of green electricity. Investments are on hold, and a demonstration is planned for Friday in Berlin under the motto âExpand instead of slowing downâ.

Germany faces challenges in terms of electricity supply security. The federal government is planning tenders and is discussing a capacity market. However, a short report warns of the high costs and risks of classic models.

The new fuel discount in Germany is triggering a strong rush of demand, which is hitting supply chains that are massively restricted due to low water on the Rhine. Individual gas stations in the west and southwest are temporarily empty.

The Ifo Institute criticizes the fact that the new fuel discount in Germany has not yet been fully passed on to consumers by gas stations. The federal government foregoes tax revenue through the measure.
According to the Ifo Institute, the fuel discount that has been in effect since October 1st is largely passed on to drivers. For diesel, an average of 15 cents of the 17 cent tax reduction per liter was passed on, for premium petrol E5 a good 16 cents and for super E10 15 cents. At the beginning the transfer was complete, but at the weekend it was incomplete.