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| Name | Symbol | Market | Type |
|---|---|---|---|
| Verbund AG (PK) | USOTC:OEZVY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.19 | -1.15% | 16.37 | 15.28 | 17.46 | 16.37 | 16.37 | 16.37 | 103 | 14:52:05 |
From Jul 2019 to Jul 2024
VIENNA--Austrian utility Verbund AG (VER.VI) and German energy provider E.ON SE (EOAN.SE) have agreed to exchange assets, Verbund said late Monday.
Verbund, which has been reassessing and shuffling its portfolio, will gain eight run-of-river hydroplants along the Danube and Inn rivers from E.ON. In exchange, E.ON will takeover Verbund's 50% stake in the Turkish joint venture EnerjiSA. The remaining 50% is owned by Turkey's Sabanci Holding.
"We want to concentrate on hydropower, majority holdings and the Austrian and German markets," said Verbund's Chief Executive Officer Wolfgang Anzengruber.
Write to Nicole Lundeen at nicole.lundeen@dowjones.com
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1 Year Verbund (PK) Chart |
1 Month Verbund (PK) Chart |
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