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Essent:RWE To Buy Plant Stock In '10 At Earliest If Court Approves

AMSTERDAM -(Dow Jones)- German utility RWE AG (RWE.XE) will buy Dutch peer Essent NV's 50% stake in a nuclear power plant in 2010 at the earliest, provided the court of appeal clears the way, Essent said Thursday. RWE plans to acquire Essent's production and supply operations in a deal valued at EUR9.3 billion, including EUR1.1 billion of debt. The deal also includes the 50% stake in EPZ, a 512-megawatt nuclear reactor in Borsele, the Netherlands. Earlier Thursday, a spokeswoman for RWE said the company has agreed to exclude the stake Essent holds in the plant, due to a provisional court injunction by a Dutch court that has prevented the closing of the deal. It will, however, acquire Essent's production and supply operations in the third quarter of the year. -By Maarten van Tartwijk, Dow Jones Newswires; +31-20-5715-200; maarten.vantartwijk@dowjones.com

Stock News for Essex Property (ESS)
DateTimeHeadline
09/09/201613:12:08Amended Statement of Ownership (sc 13g/a)
09/06/201613:53:41Statement of Changes in Beneficial Ownership (4)
08/11/201616:47:55Statement of Changes in Beneficial Ownership (4)
08/01/201614:39:55Quarterly Report (10-q)
07/28/201617:06:58Current Report Filing (8-k)
07/07/201616:22:04Statement of Changes in Beneficial Ownership (4)
06/03/201606:09:44Current Report Filing (8-k)
05/23/201615:01:33Current Report Filing (8-k)
05/19/201617:39:08Statement of Changes in Beneficial Ownership (4)
05/19/201617:38:12Statement of Changes in Beneficial Ownership (4)
05/19/201617:32:42Statement of Changes in Beneficial Ownership (4)
05/19/201617:31:23Statement of Changes in Beneficial Ownership (4)
05/19/201617:16:00Statement of Changes in Beneficial Ownership (4)
05/19/201617:15:05Statement of Changes in Beneficial Ownership (4)
05/19/201617:11:17Statement of Changes in Beneficial Ownership (4)
05/09/201618:18:06Statement of Changes in Beneficial Ownership (4)
05/03/201616:47:20Quarterly Report (10-q)
04/28/201617:28:33Current Report Filing (8-k)
04/18/201615:50:21(25-NSE)
04/11/201611:56:34Current Report Filing (8-k)

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