, Columnist
Eon's Break-Up Pains
A fundraising is looking increasingly likely after a first-half loss.
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When Eon said almost two years ago it would split in two -- separating its traditional business of generating power into a new company, to leave it with renewables and electricity grids -- the embattled German utility seemed on the cusp of fresh start.
The 3 billion-euro ($3.4 billion) first-half net loss Eon posted on Wednesday shows just what an unhappy and expensive divorce this is.