German gas giant Uniper nationalized amid spiraling energy costs | DW News

1 year ago
9.94K

The German government is to become the majority shareholder in Uniper. As Germany's largest gas importer, the company has burned through cash reserves after Russia cut off supplies. The German government will acquire a 99% stake in the ailing gas importer Uniper, as Russia's gas supply freeze threatened to drive the company into bankruptcy.

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