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Germany Takes 30% Stake in Uniper

NATURAL GAS

UNIPER BAILOUT: Germany takes a 30% stake in Uniper, the failed utility, plus convertible bond.

  • The cost of both is €8 billion. On top, German state bank KfW increases the size of credit line to Uniper to €9 billion (from €2 billion)
  • Total bailout package: €15 billion.

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