Uniper: Unipro has book value of up to $2.2 billion
Reuters
Published Sep 21, 2022 07:37AM ET
FRANKFURT (Reuters) - Unipro, the Russian utility that majority owner Uniper is seeking to sell, still has a book value of between 1.7 billion to 2.2 billion euros ($1.7-$2.2 billion), Uniper Chief Executive Klaus-Dieter Maubach said.
This is much higher than Unipro's current market value, which is at 82.91 billion roubles ($1.37 billion).
Uniper, which on Friday struck an amended nationalisation deal with the German government, earlier this year took impairment charges on Unipro, in which it owns a 83.7% stake.
($1 = 1.0088 euros)
($1 = 60.7000 roubles)
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Written By: Reuters
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