RWE rejects municipal interest in water subsidiary
- From: Vol 8, Issue 8 (August 2007)
- Category: General
- Region: Europe
- Country: Germany
- Related Companies: (RWE) Rhein Ruhr Partners , RWE and RWW
A pair of German municipal water firms are seeing synergies slip away. They are dealing with the might of RWE.
Hopes at Rhein Ruhr Partners for a stake in German regional water company Rheinisch-Westfälische Wasserwerksgesellschaft (RWW) have been dashed, at least for the time being. Energy firm RWE Rhein-Ruhr, which owns 80% of Mülheim-based RWW, has issued a statement declaring that “from the RWE group’s standpoint there is no strategic interest in the sale of a share ...
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