German govt may take 30% stake in energy giant Uniper

Thursday, 07. July 2022 17:19

The German government could take as much as a 30% stake in domestic gas company Uniper SE to save it from the financial troubles caused by the European energy crisis prompted by the war in Ukraine.

According to a report published by Handelsblatt on Thursday, which earlier mentioned a stake of 25%, the federal government is preparing an amendment to a law that aims to support German energy companies overcome the crisis.

The amendment is expected to be adopted tomorrow in the parliament.

Related Links: Uniper SE
Author:
Baha Breaking News (BBN) / ND