When will the government offer a stake in Uniper?

The government may offer the stake late this year or in 2025, one of the people said. The government owns more than 99% of Uniper after recapitalizing the company in 2022, when the biggest German buyer of Russian gas was at the epicenter of the crisis sparked by Moscow’s moves to cut energy flows in retaliation for war-related sanctions.

Is Uniper a Re-IPO?

Uniper is still listed on the Frankfurt Stock Exchange, but with most of the shares in government hands, an average of less than €1 million of stock has traded each day over the past three months. That’s why market participants consider a share sale like the one Germany is considering to essentially be a fresh initial public offering, or “re-IPO.”

Will Germany test investor interest in Uniper?

By Tom Käckenhoff, Christoph Steitz and John O'Donnell DUESSELDORF/FRANKFURT, Feb 13 (Reuters) - Germany is preparing to test investor interest in a stake of up to 30% in Uniper as the government seeks to recoup some of the billions it spent bailing out the utility at the height of the energy crisis, three people familiar with the matter said.