|Day Low/High||9.73 / 9.81|
|52 Wk Low/High||8.89 / 11.35|
The German utility will return a tax windfall to investors.
Mixed economic data and weaker earnings did little to sour the mood Tuesday.
Higher inflation and, in some parts, solid corporate earnings were both factors on Monday.
European stock benchmarks moved sharply higher Wednesday as investors responded to dissipating political risks and a seemingly brighter outlook for the U.S. and economies across Europe.
Price action came despite losses in commodity markets and after the G20 event drew to a close in Hamburg without geopolitical upset.
The agenda was dominated by eurozone economic data, the anniversary of Britain's vote to leave the EU and a political summit in Brussels on Friday.
European stocks were mixed Wednesday as investors responded to concerns over Chinese demand for commodities as well as individual company announcements and a raft of economic figures.
European stocks tossed caution to the side Wednesday, extending gains across the board as sentiment from a record-setting session on Wall Street offset investor wariness ahead of today's Fed meeting.
European stocks rose Thursday while London fell as a general election and the latest ECB decision took centre stage for investors.
The german utilities should receive billions in tax rebates following a court ruling this week while M&A could provide another kicker.
European stocks were mixed at the close of Wednesday's session ahead of a key date for both the U.K. and eurozone.
German power companies could recoup over $7 billion in federal taxes after Constitutional Court says tax on nuclear fuel use was illegal.
Uniper stock is a buy regardless of whether or not a bid is forthcoming for the German utility, which was this week reported to be a target of Finland's Fortum.
European stocks were mixed Wednesday as investors responded to a mixture of M&A speculation, economic data and other individual company news.
E.ON shares surged after a Wednesday report from Bloomberg said the German energy group was in talks to sell its stake in Uniper to Finland's Fortum Oyj.
German energy group E.ON hired Goldman Sachs to look at its options regarding a sale of the company's remaining stake in power plant and trading business Uniper
The initiative Kite Power Systems, known as KPS, is building a 17-meter device that flies on air currents above the ground and generates power by pulling on a cable.
Corporate earnings and calm in the mining sector helped to lift benchmarks across Europe Tuesday
Geopolitical tensions remained at the top of the agenda for investors.
While Continental stocks reversed losses convincingly, London remained under pressure as ex-dividends weighed
London stocks were the exception after being pushed lower by a stronger sterling and political upset in South Africa.
European Stocks Pushed Lower as 'Trump Trade' Fizzles
Both of London's indices set records on Friday while Frankfurt and Paris were also buoyant.
European stocks held onto modest gains Wednesday as investors set positions ahead of a key rate decision from the U.S. Federal Reserve and results from national elections in the Netherlands.
E.ON said Wednesday it may sell a series of assets in order to cut its €26 billion debt pile after writedowns pushed Germany's biggest utility into a record loss.
The Dax rose following a strong performance from the automotive sector, but both London and Paris slumped.
The investment bank predicts the German utility will gain more than 20% over the coming year as dividends grow and as speculation about a possible takeover mounts.
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