Afternoon Alert for E.ON AG.

0 Comments | M2 Presswire, July, 2007

M2 PRESSWIRE-5 July 2007-Blue Chip News: Afternoon Alert for E.ON AG(C)1994-2007 M2 COMMUNICATIONS LTD RDATE:05072007 E.ON is on track to transform itself from a conglomerate into a multi-utility. Subsidiary E.ON Energie is one of Germany's top two power companies (running neck and neck with RWE), with some 11.6 million electricity, natural gas, and water customers in Central Europe; the unit also has about 27,800 MW of electric generating capacity and serves energy customers throughout continental Europe.

Other utility subsidiaries include E.ON UK, US-based LG&E Energy, and E.ON Nordic. The company has completed its controversial acquisition of Ruhrgas (now E.ON Ruhrgas), Germany's #1 natural gas supplier. E.ON has also made a bid to acquire Endesa S.A.,...