financetom
Business
financetom
/
Business
/
Czech billionaire Kretinsky's EPH joins suitors for Uniper, sources say
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Czech billionaire Kretinsky's EPH joins suitors for Uniper, sources say
Jan 20, 2025 1:19 AM

FRANKFURT/PRAGUE (Reuters) - Czech billionaire Daniel Kretinsky is among potential suitors that have been approached by Berlin about a purchase of German state-owned utility Uniper, three people familiar with the matter said.

Berlin is currently exploring a divestment of its 99.12% stake in Uniper, which had to be nationalised during Europe's energy crisis in 2022, with options ranging from a partial to a full sale of its holding, sources have said.

A sale of Uniper, which is currently valued at 19 billion euros ($19.6 billion) but is likely to be divested at a discount, could become one of Europe's biggest deals in 2025.

Czech energy holding company EPH, which is majority-owned by Kretinsky's investment vehicle EPCG, is "part of the process", one of the sources said, declining to be identified because the talks are confidential.

EPH and Uniper both declined to comment.

Germany's Finance Ministry, which oversees Berlin's stake, had no immediate comment.

($1 = 0.9699 euros)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
DoorDash Re-Platforming On Track, Execution Intact, RBC Says
DoorDash Re-Platforming On Track, Execution Intact, RBC Says
May 7, 2026
12:38 PM EDT, 05/07/2026 (MT Newswires) -- DoorDash ( DASH ) re-platforming investments appear to be on track so far and are not affecting execution, with Deliveroo showing acceleration across key metrics, RBC Capital Markets said in a Thursday note. The firm described Q1 as a solid, better-than-feared print, with stable GOV growth despite weather disruptions and margins holding up...
DoubleVerify Remains Confident in its Business Momentum, Growth Opportunities, RBC Capital Markets Says
DoubleVerify Remains Confident in its Business Momentum, Growth Opportunities, RBC Capital Markets Says
May 7, 2026
12:39 PM EDT, 05/07/2026 (MT Newswires) -- DoubleVerify ( DV ) maintained its fiscal 2026 guidance due to confidence in its business momentum and growth opportunities from social, connected TV, and AI segments, RBC Capital Markets said in a Thursday research report. DoubleVerify ( DV ) witnessed AI-driven tailwinds in Q1 with internal efficiencies from AI-driven operations and growing engagement...
Highly Short Stock Shift4 Payments Soars After Strong Quarter
Highly Short Stock Shift4 Payments Soars After Strong Quarter
May 7, 2026
Shift4 Payments Inc ( FOUR ) shares rose Thursday after the payments processor reported first-quarter results that topped Wall Street estimates and reaffirmed its full-year outlook. The stock surged over 9%, as high short interest—exceeding 19% of the float—likely acted as a catalyst, amplifying buying pressure and accelerating the rally. Strong Q1 Revenue And Earnings Growth Quarterly gross revenue increased 32%...
--Nvidia, Apple, Exxon CEOs Expected to Be Invited on Trump's China Trip, Semafor Reports
--Nvidia, Apple, Exxon CEOs Expected to Be Invited on Trump's China Trip, Semafor Reports
May 7, 2026
12:41 PM EDT, 05/07/2026 (MT Newswires) -- Price: 212.82, Change: +5.15, Percent Change: +2.48 ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved