Tuesday, May 15, 2007

RWE has no indication of EDF preparing takeover

(Reuters) - Speaking after RWE reported higher-than-expected first-quarter profits, Pohlig reiterated that RWE was planning to sell a majority of its American Water unit before the end of the year.

The company will pay clearly more than 100 million euros for certificates allowing it to emit carbon dioxide, he also said.


Read more at Reuters.com Mergers News

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