{"id":27181,"date":"2026-05-30T21:24:13","date_gmt":"2026-05-30T21:24:13","guid":{"rendered":"https:\/\/www.europesays.com\/germany\/27181\/"},"modified":"2026-05-30T21:24:13","modified_gmt":"2026-05-30T21:24:13","slug":"germany-launches-formal-sale-process-for-uniper-2","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/germany\/27181\/","title":{"rendered":"Germany launches formal sale process for Uniper"},"content":{"rendered":"

(Oil Price)<\/a> \u2013 Germany on Tuesday launched the privatization process of energy giant Uniper, which the government bailed out in 2022 in a multibillion transaction.<\/p>\n

\"Germany<\/a>r an initial public offering for the 99% it holds in Uniper, the government said in an official note<\/a>\u00a0in the Financial Times.<\/p>\n

Potential bidders have until June 12 to submit a letter of intent, declaring their interest in a deal to JPMorgan Chase & Co. and UBS Group AG, which the government has picked as advisors to the transaction.<\/p>\n

Norway\u2019s energy major Equinor, Brookfield Asset Management, EPH of Czech billionaire Daniel Kretinsky, and Abu Dhabi\u2019s Taqa have reportedly expressed interest in recent months to acquire the German utility giant.<\/p>\n

Uniper, one of the biggest energy companies in Germany, was close to collapsing in 2022 when the energy crisis and the lack of Russian natural gas supply led to massive losses.<\/p>\n

Back then, the German government\u00a0stepped in to nationalize<\/a>\u00a0the company to avoid its collapse amid soaring gas prices, with the total bill for Uniper\u2019s nationalization at about\u00a0$53 billion<\/a>.<\/p>\n

The Federal Government took over 99% of the company in order to secure Germany\u2019s energy supply. The bailout by the Federal Government goes alongside a ban on bonus and dividend payments at the company.<\/p>\n

Under EU regulations on state aid, the European Commission approved the nationalization of Uniper\u00a0on the condition<\/a>\u00a0that Germany work out an exit strategy to reduce its stake to not more than 25% plus one share by the end of 2028 at the latest.<\/p>\n

Last year, Germany\u2019s government was said to be preferring a kind of new initial public offering or a \u201cre-IPO\u201d to sell a partial 25% stake via the equity market. An outright sale is now being considered, according to the government\u2019s notice of the start of the privatization process.<\/p>\n","protected":false},"excerpt":{"rendered":"(Oil Price) \u2013 Germany on Tuesday launched the privatization process of energy giant Uniper, which the government bailed…\n","protected":false},"author":2,"featured_media":27182,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21075],"tags":[721,5,27513,4991,24310],"class_list":["post-27181","post","type-post","status-publish","format-standard","has-post-thumbnail","category-uniper","tag-eu","tag-germany","tag-ipo","tag-uniper","tag-utility"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/posts\/27181","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/comments?post=27181"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/posts\/27181\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/media\/27182"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/media?parent=27181"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/categories?post=27181"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/tags?post=27181"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}