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RWE Aktiengesellschaft Altenessener Straße 35 45141 Essen, Germany http://www.rwe.com
Contact Ms Vera Bücker +49 201 1215140
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RWE Aktiengesellschaft

RWE AG Supervisory Board unanimously approves plans for Group restructuring

"The viability of the entire Group will be strengthened" / IPO of the new subsidiary in late 2016

(PresseBox) (Essen, )
At its meeting today, the Supervisory Board of RWE AG unanimously approved the Executive Board’s plans to restructure the Group. The company will transfer its renewables, grid and retail operations in Germany and abroad to a new subsidiary, which it intends to list on the stock market towards the end of next year. RWE AG will focus on conventional electricity generation and energy trading. In addition, RWE AG will remain the new subsidiary’s majority shareholder over the long term and consolidate it fully. There will be no change to the asset base available to back liabilities.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.