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Germany in Talks to Nationalize Uniper After Russian Natural-Gas Halts
Tags: Current Focus, Germany, Oil & Gas,
The German government plans to give $8 billion to Uniper in exchange for a majority stake in Germany's energy company Uniper. Uniper was hit hard when Russia turned off natural gas supplies. It reported a net loss of $12.6 billion for the first half of 2022. The German government will also take a stake in the Finnish company that owns Uniper, Fortum Oyj.
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