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Stock Market & Financial Investment News

News Breaks
December 5, 2011
13:15 EDTRWEOY
theflyonthewall.com: RWE AG to implement capital measure, offer 80.45M shares
RWE Aktiengesellschaft said it decided to implement the previously announced capital measure. The company's share capital is to be increased by using part of the existing authorised capital by issuing 52.34M new ordinary bearer shares against cash contribution. The new shares will be entitled to dividends as of January 1, 2011; shareholders' subscription rights are excluded for these new shares. At the same time, 28.11M treasury shares are to be sold. All 80.45M shares will be offered to institutional investors by way of an accelerated bookbuilding procedure. The accelerated bookbuilding procedure will commence today, December 5, and is expected to end tomorrow, December 6. :theflyonthewall.com



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May 15, 2012
12:33 EDTRWEOY
theflyonthewall.com: Horizon venture likely to be bought by new investors, Reuters reports
Charles Hendry, Britain's Energy Minister, says existing U.K. nuclear new build groups are unlikely to buy Horizon, the British nuclear joint venture between RWE (RWEOY) and E.ON (EONGY), Reuters reports. Instead, Hendry believes Horizon is likely to be bought by new investors. Reference Link :theflyonthewall.com