Market Chatter: E.ON, Ovo to Announce Merger Deal in Days
Idag, 14:37
08:37 AM EDT, 05/08/2026 (MT Newswires) -- German energy company E.ON (EOAN.F) and UK household gas and electricity supplier Ovo could announce a merger deal in the week of May 11, Sky News reported on Friday, citing sources.
The timeline for the potential deal is still provisional and could change, the news outlet quoted a source as saying. London's Financial Times reported in late April that the sales price of Ovo might range between 550 million pounds sterling and 600 million pounds.
E.ON and Ovo did not immediately respond to requests for comment from MT Newswires.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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Market Chatter: E.ON, Ovo to Announce Merger Deal in Days
Idag, 14:37
08:37 AM EDT, 05/08/2026 (MT Newswires) -- German energy company E.ON (EOAN.F) and UK household gas and electricity supplier Ovo could announce a merger deal in the week of May 11, Sky News reported on Friday, citing sources.
The timeline for the potential deal is still provisional and could change, the news outlet quoted a source as saying. London's Financial Times reported in late April that the sales price of Ovo might range between 550 million pounds sterling and 600 million pounds.
E.ON and Ovo did not immediately respond to requests for comment from MT Newswires.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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