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RWE CEO: no plans for big, transformative deals
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RWE CEO: no plans for big, transformative deals
Mar 14, 2024 3:56 AM

ESSEN, Germany, March 14 (Reuters) - RWE has

no appetite for large and structural deals, Chief Executive

Markus Krebber told reporters on Thursday, following a media

report it was interested in Danish peer Orsted.

Krebber said there were no strategic reasons that would

justify bigger transactions, adding smaller deals were possible

to grow a certain portfolio.

"But no, as you call it, corporate M&A. We currently don't

see that," Krebber said during RWE's annual press conference.

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