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EU: E.ON offers concessions over Innogy deal

 |  June 23, 2019

German energy company E.ON has offered concessions to address EU antitrust concerns over its bid to buy rival Innogy’s network and retail assets, a filing on the European Commission site showed on Friday, June 21.

The company submitted its proposal on Thursday. The European Commission, which opened a full-scale investigation into the deal in March, did not provide details in line with its policy.

The EU competition will now seek feedback from rivals and customers before deciding whether to demand more or clear the deal based on the offer.

Full Content: Reuters

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