Brookfield and CPPIB Advance in Uniper Bidding
A consortium of Brookfield and CPPIB has advanced to the next stage of the Uniper sales process. Germany is seeking to reduce its stake in the utility.
Xurve View
Insights:
Xurve View
A consortium of BROOKFIELD CORP and CPPIB advanced to the next round of bidding to acquire UNIPER SE from Germany during Friday's late evening hours. The state-owned utility is valued at up to €14 billion ($15.4 billion) in a divestment process aimed at reducing the government's stake to a blocking minority. Berlin seeks to exit its emergency holding after rescuing the country's largest gas importer in 2022.
