Central & Eastern Europe Asia Latin America North America
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| Best M&A deal |
| RWE’s acquisition of Innogy |
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Size: $8.5 billion Date: May 2002 Advisers: Merrill Lynch (RWE) CSFB, Deutsche Bank (Innogy) |
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Innogy and Dietmar Kuhnt of RWE: after a shaky |
It was hardly an auspicious start to a relationship between a German company and its UK target. When executives of UK energy group Innogy arrived at Heathrow airport to meet their counterparts from the German utilities firm RWE they found they’d been assigned a meeting room named after World War II RAF fighter-pilot hero Douglas Bader.
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