E.ON disposes of its remaining HypoVereinbank shares


E.ON has today disposed of its remaining 4.8 per cent participation in HypoVereinbank for around EUR390 million to Citigroup.


E.ON has today disposed of its remaining 4.8 per cent participation in HypoVereinbank for around EUR390 million to Citigroup. The disposal price corresponds to EUR15.57 per share and is a discount of 2.0 percent compared to the last share price prior to the sale. E.ON will realize a slight book gain from this transaction.

Since the historical low of EUR6.71 in March 2003 the share price of HypoVereinsbank has increased by slightly over 130 per cent at the end of July.