BREAKING NEWS

BREAKING NEWS

Exclusive: EU regulators set to clear RWE's buy of E.ON's renewables - sources

Exclusive: EU regulators set to clear RWE's buy of E.ON's renewables - sources
FILE PHOTO: A charging box for electric cars is pictured in front of the headquarters of the German power supplier RWE in Essen, Germany, April 24, 2018. REUTERS/Wolfgang Rattay/File Photo -
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BRUSSELS (Reuters) - EU antitrust regulators are likely to approve without conditions German utility RWE's acquisition of the renewable businesses of E.ON and Innogy, people familiar with the matter said on Thursday.

The takeover is part of an asset swap deal which involves breaking up Innogy and dividing its assets between parent RWE and E.ON.

(Reporting by Foo Yun Chee; editing by Francesco Guarascio)

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