# Fortum to divest Uniper to German state

Fortum, the German government and Uniper signed an agreement for the German state to take full control of Uniper, with Fortum divesting its stake. The deal includes a capital increase of 4.7 billion new shares and Fortum selling its shares for EUR 0.5 billion.

- Type: Acquisition
- Announced: 2022-09-22
- Where: Germany
- Value: $500.0M (500.0M EUR)
- Status: announced
- Products: gas, power generation
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Uniper](https://endata.com/companies/9700.md) (target)
- [Fortum](https://endata.com/companies/11212.md) (target)
- [German government](https://endata.com/companies/65454.md) (acquirer)

## Sources

- [eurasiareview.com](https://www.eurasiareview.com/22092022-fortum-to-fully-divest-uniper-to-the-german-state/), 2022-09-21: "Under the current circumstances in the European energy markets and recognising the severity of Uniper’s situation, the divestment of Uniper is the right step to take, not only for Uniper but also for Fortum."

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