“Strategists in competition”
Handelsblatt
At first glance, the split of German utility RWE was done in a smarter way than that of E.ON, as RWE spin-off innogy just posted a net profit and plans to pay shareholders a dividend, writes Jürgen Flauger in an opinion piece for Handelsblatt. “Yet it remains to be seen if [innogy CEO] Terium’s strategy is also better for RWE shareholders than [E.ON CEO] Teyssen’s path for the shareholders of E.ON and Uniper,” writes Flauger.
Read the opinion piece (behind paywall) in German .
Find background on RWE’s split in the factsheet RWE’s plans for new renewables subsidiary.
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