Stinnes successfully completes a public offer to purchase outstanding shares in Holland Chemical International (HCI). HCI is listed on the Amsterdam Stock Exchange.The acquisition makes Stinnes the global leader in chemicals distribution.
E.ON Energie and RWE reach an agreement with HEW on the sale of their direct and indirect shareholdings in Vereinigte Energiewerke Aktiengesellschaft (Veag) and Lausitzer Braunkohle Aktiengesellschaft (Laubag).E. ON Energie holds a 48.75 percent stake in Veag; RWE has a 32.5 percent stockholding.E. ON Energie holds a 45 percent stake in Laubag; RWE holds 47.5 percent. Part of the deal calls for HEW to transfer its 15.7 percent shareholding in Sydkraft to E.ON Energie. The agreement requires German and European antitrust approval as well as a go-ahead from the German government office responsible for matters related to the country's reunification.
