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JP Morgan may buy stake in German utility Steag – report

Power

11 Jul 2019 08:53

Frankfurt

11 Jul 2019 08:53

(Montel) JP Morgan is considering buying a stake in utility Steag, as a large group of shareholders is keen to divest amid low returns, German weekly newspaper Wirtschaftswoche reported on Thursday.

The US investment firm could become the biggest shareholder if it s...…

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