Talanx Plans to Co-Invest with Ardian in EWE
Posted on 05/07/2020
German insurer Talanx plans to co-invest with Ardian for a 26% ownership stake in German regional utility EWE AG (Energieversorgung Weser-Ems) that totals €1.4 billion. There are estimates that Talanx will invest under a billion euro for its position in EWE. In December 2019, Ardian declared it would acquire a stake in EWE.
Oldenburg-based EWE is the fifth largest energy supply company in Germany.