HELSINKI, Dec 21 (Reuters) - Finland's Fortum FORTUM.HE said on Wednesday it had concluded the sale of its stake in utility Uniper UN01.DE to the German State. The German government in late September ...

DUESSELDORF (Reuters) – Finland’s Fortum has tightened its grip on German utility Uniper after a boardroom shake-up that sees changes to the chairman, CEO and chief financial officer. In a sudden move ...

I believe Fortum's divestment of its stake in Uniper was a major strategy failure in the utility sector in Europe. Fortum had initially paid a significant amount of money for Uniper but later decided ...

Fortum is an interesting Nordic utility company that recently experienced two major setbacks. Its Russian investments were seized and its sizeable investments in Uniper were sold at a loss of €5.8B.

(Bloomberg) -- Russia took control of utilities owned by Finland’s Fortum Oyj and Germany’s Uniper SE, the first such move from the Kremlin in retaliation for asset freezes by European countries over ...

Finnish utility Fortum on Thursday posted a second-quarter net loss of 7.4 billion euros ($7.4 billion), hit by losses at its German subsidiary Uniper, and said it may have to increase liquidity ...

BERLIN/HELSINKI (Reuters) -Germany on Wednesday agreed to nationalise Uniper, raising the bill to rescue the gas importer to 29 billion euros ($28.7 billion) amid an escalating energy crisis that ...