RWE CEO confirms interest in buying Germany's Uniper
KKR•RWE CEO Markus Krebber confirmed the German energy group is in the race to take over Uniper, which is 99.12% state-owned. Asked whether RWE and KKR had submitted a non-binding bid, he said, “It sounds right.”
1. Bid for Uniper
RWE CEO Markus Krebber confirmed the company is in the race to take over Uniper. Asked at the ADIPEC energy conference whether RWE and KKR had submitted a non-binding bid, he said, “It sounds right.”
2. Sale options
Germany holds a 99.12% stake in Uniper, which was nationalised during the 2022 energy crisis. The German Finance Ministry has said it intends to float up to 74.12% of the company and is exploring a sale and an initial public offering. Other bidders include EPH, Equinor, Apollo Global Management, and a Brookfield-CPPIB consortium.
