RWE to Reduce Its Stake in Saarland’s VSE, Boersen-Zeitung Says

RWE AG (RWE) has offered to sell part of its stake in regional utility VSE AG to Saarland’s municipalities, Boersen-Zeitung reported, citing the Saarland state government.

The negotiations over a stake of as much as 19 percent are scheduled for completion in the first half of 2012, the newspaper said. RWE holds 69 percent in VSE, it said.

Stefan Nicola in Berlin at +49-30-70010-6246 or snicola2@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net

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