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Apollo reportedly submits nonbinding bid for Uniper
Apollo submitted a non-binding bid for Uniper, the German utility Berlin rescued with €13.5 billion in 2022, in a deal that could value it at about €10 billion.
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About Uniper
Uniper SE is a German multinational energy company based in Düsseldorf, Germany, which has been a state-owned enterprise since late 2022. It is one of the biggest energy companies by revenue in Europe. The name of the company is a portmanteau of "unique" and "performance", which was given by long-term employee Gregor Recke. Uniper was formed by the separation of E.ON's fossil fuel assets into a separate company that began operating on 1 January 2016.
Everything about Uniper →- Country
- Germany
- Headquarters
- Düsseldorf
- Inception
- 2016
- Website
- https://www.uniper.energy/