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EON shareholders vote on spinoff even as its value is questioned

Published Tue, Jun 7, 2016 · 09:50 PM

Dusseldorf

SHAREHOLDERS of Germany's largest utility are set to vote on its breakup as some in the investment community question the value in EON SE's split to focus on renewable energy, networks and retail customers.

Owners of the Essen-based company meet on Wednesday to finally decide on a strategy unveiled in 2014 to spin off its fossil-fu…

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