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Exclusive negotiations: Uniper wants to sell French business to Czech competitors

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The düsseldorf-based energy group Uniper negotiated with the Czech competitors EPH for the sale of its France-business. As both companies have informed on Monday in Düsseldorf, and Prague, EPH delivered a binding offer. Uniper wool to enter into exclusive negotiations with the company to the billionaire Daniel Kretinsky.

the aim is the acquisition of all the activities and companies of items of Uniper in France by EPH, it said. A transaction could be completed only in accordance with the prescribed process of consultation with employee representatives, it said. A possible purchase price was not called. The F. A. Z. had already reported in September, an exclusive Uniper has mandated to a possible sale of its France-division of an investment Bank.

Coal phase-out by 2021?

Uniper had announced in the summer, the France-business to the test. Occasion were, according to the current media, the efforts of the President and Emmanuel Macron, the coal-fired generation by the end of 2021 set reports. Uniper operates in France, two coal-fired power plants; in addition, two gas-fired power plants as well as biomass, Wind and solar plants. In addition, Uniper electricity markets and gas products to industrial and commercial customers. The only other operators of coal-fired power plants in France, the state-owned company EDF. At the end of November Uniper by the French government had called for a binding roadmap for the Coal phase-out and solution proposals for the company.

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