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DBOEF Deutsche Boerse Ag Namen Akt (PK)

237.53
0.00 (0.00%)
02 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Deutsche Boerse Ag Namen Akt (PK) USOTC:DBOEF OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 237.53 233.00 235.10 0.00 12:51:55

Innogy, European Energy Exchange Joint Venture Approved by European Commission

05/12/2017 1:08pm

Dow Jones News


Deutsche Boerse Ag Namen... (PK) (USOTC:DBOEF)
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   By Marc Bisbal Arias 
 

The European Commission said Tuesday that it has approved the creation of a joint venture by Innogy SE (IGY.XE) and the European Energy Exchange AG.

The venture will develop and operate an online price comparison and intermediary platform for German retail energy suppliers in the business-to-business segment, the European Commission said.

The proposed acquisition would raise no competition concerns given the joint venture's limited activities in the European Economic Area, it said.

Innogy, controlled by RWE SE (RWE.XE), is a Germany-based energy company active in infrastructure, supply and renewable energy.

European Energy Exchange develops and operates exchanges for energy and commodity products, and is controlled by Deutsche Boerse (DB1.XE).

 

Write to Marc Bisbal Arias at marc.bisbalarias@dowjones.com

 

(END) Dow Jones Newswires

December 05, 2017 07:53 ET (12:53 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.

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