Uniper CEO criticizes suitor Fortum for lack of clarity
FILE PHOTO: The logo of Uniper SE is seen in its booth at Gastech, the world's biggest expo for the gas industry, in Chiba, Japan April 4, 2017. REUTERS/Toru Hanai/File Photo
FRANKFURT (Reuters) - The chief executive of German energy producer Uniper
Fortum has agreed to buy 47 percent of Uniper from Uniper's parent E.ON
Meanwhile, the Finnish utility is dragging its feet over job guarantee negotiations, Uniper Chief Executive Klaus Schaefer told the Rheinische Post newspaper in an interview published on Saturday.
"Talks are not going as speedily as we would like," he said. "Fortum is still failing to provide clarity about its goals."
Just 0.17 percent of outstanding Uniper shares had been tendered to Fortum by Dec. 27, at the offer price of 22 euros per share. The shares closed at 26 euros on Dec. 29. The offer closes on Jan. 16.
Knight Vinke has 5 percent of Uniper and has said it will not tender its stake. Elliott, which has not said how it will respond, has 7.4 percent.
(Reporting by Georgina Prodhan; editing by Jason Neely)
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