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Uniper Year-End Result Affected by $600M Arbitration Award Against Subsidiary

News Room by News Room
November 27, 2023
Reading Time: 1 min read
0
Halma Backs Market Views for Full-Year After Profit Rose With Growth in All Sectors — Update

By Pierre Bertrand

Uniper said that an arbitration award of an estimated 550 million euros ($602.1 million) against a subsidiary will have an impact on its year-end result.

The German utility said that the award against its subsidiary stems from arbitration proceedings which began in early 2021 between it and an European energy company and…

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