Reuters reported that the German government is considering selling its entire 99% stake in Uniper, a utility company with a market capitalization of $19 billion, potentially to Canadian fund Brookfield. This move comes after Uniper faced challenges due to disruptions in gas supplies from Russia’s Gazprom, prompting government intervention for energy security. If sold to a private equity fund, this would be one of Europe’s largest sales in recent years, impacting the energy sector and Germany’s economy.
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Leading contenders make their final appeals to German voters before a landmark election
In Germany's election, opposition leader Friedrich Merz vows to revive the economy and defend Europe's interests, while Chancellor Olaf Scholz hopes for a comeback. The campaign focuses on the economy and migration, with polls showing Merz's Union bloc leading over the far-right Alternative for Germany. Merz promises a strong voice for Germany in the EU, aiming to end the country's three years in opposition and make a comeback. Full Article
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