MNI BRIEF: Fed Risks Soft Landing If It Doesn’t Cut - Goolsbee

MNI BRIEF: EU Parliament Backs Von Der Leyen For 2nd Term

MNI: ECB LEAVES KEY DEPOSIT RATE UNCHANGED AT 3.75%

MNI China Daily Summary: Thursday, July 18

MNI BRIEF: China To Upgrade Rural Land Reform: 3rd Plenum

MNI BRIEF: China's Third Plenum Eye's Deeper Financial Reform

MNI: FED BALANCE SHEET TOTAL ASSETS -$16B TO $7.208T IN WEEK

MNI: US TSY TICS NET FLOWS IN MAY +$15.8B

US Treasury Auction Calendar

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Germany Still Considers TenneT Minority Stake

POWER
Homepagemarkets-real-timeBullet

The German government is still in talks with Dutch officials to acquire a minority stake in the German business of TenneT, Germany’s Deputy Energy Minister Philipp Nimmermann said on Tuesday.

  • This comes after Germany ended talks with TenneT for a potential takeover of the German business of the TSO due to budgetary challenges in late June.
  • “We have informed the Dutch government that we are interested in a strategic minority shareholding, which could be 25% plus one, but could also be organized differently via veto rights,” Nimmermann said.
  • The transaction could be made in a consortium or constellation with other parties, he added.
103 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

The German government is still in talks with Dutch officials to acquire a minority stake in the German business of TenneT, Germany’s Deputy Energy Minister Philipp Nimmermann said on Tuesday.

  • This comes after Germany ended talks with TenneT for a potential takeover of the German business of the TSO due to budgetary challenges in late June.
  • “We have informed the Dutch government that we are interested in a strategic minority shareholding, which could be 25% plus one, but could also be organized differently via veto rights,” Nimmermann said.
  • The transaction could be made in a consortium or constellation with other parties, he added.