RWE completes purchase of majority stakes in IGH

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RWE has completed the purchase of innogy SE's majority stake in Czech distribution grid operator innogy Grid Holding (IGH).

With this acquisition RWE takes a further step in implementing the agreed transaction with E.ON. It is also planned that E.ON will acquire the stake in IGH in connection with the planned takeover of innogy SE.

Both parties have agreed not to disclose the purchase price.

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