Recently, E.ON SE and RWE AG concluded an agreement on the acquisition of RWE’s 76.8 percent stake in innogy SE via a far-reaching exchange of assets and participations. The Supervisory Board of E.ON SE approved the transaction on Sunday. Today, the Supervisory Board of RWE AG also gave its approval.
In the early hours of Sunday morning, the companies disclosed the further details of the transaction. Inter alia, E.ON will make a voluntary public takeover offer in cash to the shareholders of innogy SE. The closing of the transaction is subject to further conditions. In particular, antitrust clearances are required.
In connection with the transaction, the Board of Management of E.ON SE also resolved with the approval of the Supervisory Board to propose a fix dividend of €0.43 per share for the fiscal year 2018. The Board of Management confirms a target rating of a strong BBB/Baa for E.ON SE.
source: https://www.eon.com/en/about-us/media/press-release/2018/ad-hoc-notice.html