25 April 2024
Berlin to probe RWE Dea sale
Publication date: 16 June 2014
Gas Strategies Group
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The sale by RWE of its upstream arm RWE Dea for €5.1 billion ($7.1 billion) to the Letter One (L1) Fund of Russian oligarchs Mikhail Fridman and German Khan could conceivably yet be challenged by Berlin, after the German government this week acquiesced to calls for a possible investigation into the transaction under the country’s Foreign Business Law.