Berlin buys stake in energy major to keep it from going bust

Jul 22nd 2022 11:17am EDT

Uniper has been in dire financial straits due to the reduction in gas supplies from Russia The German government is acquiring a 30% stake in the energy concern Uniper, German Chancellor Olaf Scholz said at a press conference in Berlin on Friday. Scholz said the government would acquire the stake at a nominal price of […]

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