--German utility RWE could consider selling the 16.7% stake in E.ON it will hold after an asset swap between the two companies, Reuters reported late Wednesday, citing RWE's CFO Markus Krebber.

--Gains from a sale, which analysts value at up to $4 billion, would be invested in businesses focused on renewables, remaining fossil fuels and energy trading.

--The company said it will disclose a new strategy once the deal with E.ON is completed.

Full story: https://reut.rs/2kxEE1t

Write to Barcelona editors at barcelonaeditors@dowjones.com

(END) Dow Jones Newswires

September 12, 2019 06:44 ET (10:44 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
Grafico Azioni Rwe (TG:RWE)
Storico
Da Mar 2024 a Apr 2024 Clicca qui per i Grafici di Rwe
Grafico Azioni Rwe (TG:RWE)
Storico
Da Apr 2023 a Apr 2024 Clicca qui per i Grafici di Rwe