E.On’s leverage likely to rise in Innogy acquisition

E.On is expected to re-lever its balance sheet to support its new, more pedestrian business mix after its acquisition of Innogy is completed in 2019, according to analysts at Bernstein.

  • By Sam Kerr
  • 15 Mar 2018

The analysts said net debt could rise to 4.5 times Ebitda next year, before declining to 4 in 2022. E.On has said it is committed to maintaining a high 

The deal is the next stage in the restructuring of Germany's energy industry, as it tries to wean itself off ...

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