EON Close to Open Grid Europe Sale, CFO Tells Boersen-Zeitung

EON AG, Germany’s largest utility, is close to selling its Open Grid Europe gas grid, Chief Financial Officer Marcus Schenck told Boersen-Zeitung in an interview. An agreement could be reached in May, the newspaper cited Schenck as saying.

To contact the reporter on this story: Oliver Suess in Munich at osuess@bloomberg.net

To contact the editors responsible for this story: Frank Connelly at fconnelly@bloomberg.net; Edward Evans at eevans3@bloomberg.net

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