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Fearing break-up, Uniper workers want IPO, not sale, as privatisation picks up

Source: reuters.com

M&A & RestructuringIPOs & SPACsEnergy Markets & PricesManagement & Governance

Uniper's works council opposes selling the state-owned utility to a strategic buyer, warning that such a transaction could lead to a break-up of the company. Labour representatives favor an initial public offering as a route to preserve Uniper's structure, introducing potential constraints and uncertainty around the government's eventual privatization strategy.

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