# E.ON to acquire Innogy from RWE in asset swap deal

E.ON SE agreed to acquire Innogy SE from RWE AG in a complex deal involving shares and asset swaps, with RWE taking a minority stake in E.ON and the combined renewable-generation businesses.

- Type: Acquisition
- Announced: 2018-03-11
- Where: Germany
- Status: announced
- Products: energy retail and network services, renewable energy generation
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [RWE](https://endata.com/companies/6731.md) (target)
- [E.ON](https://endata.com/companies/7776.md) (acquirer)
- [innogy SE](https://endata.com/companies/21346.md) (target)

## Sources

- [bloomberg.com](https://www.bloomberg.com/news/articles/2018-03-11/eon-agrees-to-buy-rwe-s-innogy-upending-german-utility-industry), 2018-03-11: "EON SE agreed to acquire Innogy SE from German rival RWE AG, transforming the country’s energy industry as utilities grapple with the accelerating shift to renewables."
- [eqs-news.com](https://www.eqs-news.com/news/ad-hoc/e-on-se-e-on-concludes-agreement-with-rwe-to-acquire-innogy-via-a-wide-ranging-exchange-of-assets/cbe290d9-faf6-4878-8260-8b3a50b0551d), 2018-03-12: "Today, E.ON SE and RWE AG have concluded an agreement on the acquisition of RWE’s 76.8 percent stake in innogy SE via a far-reaching exchange of assets and participations."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.