Uniper : Target price adjusted in line with the capital reduction
>For a return of the dividend - The final stages of Uniper’s capital reduction were completed yesterday and in this note we adjust our target price to reflect the consequences of this decision. Uniper announced on 18 October that it planned to carry out a capital reduction. The purpose of this operation was to bring the equity position under German accounting standards from a negative position of -€ 24bn to zero, so as to avoid a negative equity position under German...
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