e.on se -sponsored adr (EONGY) Key Developments
Fridman In Talks To Acquire Eon Oil And Gas Assets
Oct 6 15
Mikhail Fridman’s LetterOne Holdings S.A. is in advanced talks to buy stakes in big oil and gasfields in the Norwegian North Sea owned by E.ON SE (DB:EOAN), in a $1 billion plus deal. As well as the North Sea, LetterOne is looking at opportunities in North America, where it hopes to build a significant presence, and Mexico, which is auctioning a series of offshore exploration blocks. An announcement on the Eon sale to LetterOne is expected to be made within days, said one source familiar with the negotiations, though this person cautioned that an agreement was still being finalized.
E.ON SE, Board Meeting, Oct 05, 2015
Sep 30 15
E.ON SE, Board Meeting, Oct 05, 2015. Agenda: To consider the additional agreement #10 to agreement with General Electric International Inc. and GI RUS LLC.
E.ON SE, Board Meeting, Sep 24, 2015
Sep 22 15
E.ON SE, Board Meeting, Sep 24, 2015. Agenda: To consider shareholding in another company; and to consider approval of additional agreement #3 to the agreement on sublease of parking lots with E.ON E&P Russia.
PGNiG In Talks With Gazprom
Sep 14 15
Polskie Gornictwo Naftowe I Gazownictwo Spolka Akcyjna (WSE:PGN) (PGNiG) is in talks with Public Joint Stock Company Gazprom (MICEX:GAZP). News report stated that PGNiG spokesperson, Dorota Gajewska, when asked for a comment to Gazprom Chief Executive Officer, Aleksandr Medvedev’s assurances of progress in talks with PGNiG and E.ON SE (DB:EOAN), said that the company would not comment on their progress.
E.ON AG Provides Impairment Guidance for the Third Quarter of 2015; Reaffirms Earnings Guidance for the Full-Year 2015
Sep 10 15
E.ON AG provided impairment guidance for the third quarter of 2015. The company expects to record impairment charges in the higher single-digit billion euro range in the current quarter.
The company also reaffirmed earnings guidance for the full-year 2015. For the year, the company expects EBITDA of between EUR 7.0 and EUR 7.6 billion and underlying net income of between EUR 1.4 and EUR 1.8 billion. The non-cash effective impairment charges will result in reporting substantial negative net income for the 2015.