Exclusive - Fortum set to gain EU antitrust approval for Uniper deal - sources

Exclusive - Fortum set to gain EU antitrust approval for Uniper deal - sources
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By Reuters
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BRUSSELS (Reuters) - Finnish utility Fortum is set to gain unconditional EU approval to acquire a 46.65 percent stake in German energy group Uniper <UN01.DE> from E.ON <EONGn.DE>, three people familiar with the matter said on Monday. State-controlled Fortum's bid has run into opposition from Uniper, which said that the combination would make little sense given its heavy exposure to gas and coal-fired power plants while Fortum's focus is on clean technologies.

The European Commission is scheduled to rule on the 3.8 billion euros (3.4 billion pounds) deal by June 15.

(Reporting by Foo Yun Chee in Brussels and Christoph Steitz in Frankfurt, editing by Julia Fioretti)

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