RWE CEO: no plans for big, transformative deals
Reuters
Published Mar 14, 2024 10:32
ESSEN, Germany (Reuters) - RWE (LON:0HA0) has no appetite for large and structural deals, Chief Executive Markus Krebber told reporters on Thursday, following a media report it was interested in Danish peer Orsted.
Krebber said there were no strategic reasons that would justify bigger transactions, adding smaller deals were possible to grow a certain portfolio.
"But no, as you call it, corporate M&A. We currently don't see that," Krebber said during RWE's annual press conference.
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Written By: Reuters
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