first_imgE.ON has launched its voluntary public takeover offer (PTO) for shares in innogy SE following the approval of the offer document by the German Federal Financial Supervisory Authority.The PTO is being made following the agreement between E.ON and RWE in March under which E.ON will acquire RWE’s 76.8 percent stake in innogy via a far-reaching exchange of assets and businesses.Under the agreement, the renewables businesses of E.ON and RWE would be brought together under the umbrella of RWE.Following the completion of the transaction, RWE will operate approximately 8GW of renewable energy assets, including offshore and onshore wind as well as hydro and photovoltaics.The two renewables businesses of more than 2,500 employees will be brought together within the RWE group alongside RWE’s existing segments, the companies said in March.The takeover offer is expected to close not before mid-2019, subject to certain closing conditions, including approval by the relevant antitrust and regulatory authorities.last_img read more


first_img Speaking at the Soccerex Global Convention, City’s head of infrastructure development and corporate responsibility, Pete Bradshaw, said: “Last year we had one of the worst summers we have had with a lot of rain and that put everything back three months. “We hoped to catch that up. We haven’t managed to do that, so we will take the international break in October to move the first team, the half-term break to move the academy and the rest of the staff will move a fortnight after that. “We have worked very closely with the first-team coaches and manager to make sure it is not disruptive.” The new facility, built on an 80-acre brownfield site, features a 7,000-capacity stadium, 17 training pitches and accommodation. Press Association It was originally hoped the City Football Academy would open for pre-season, but poor weather in summer 2013 delayed construction. The state-of-the-art complex will now open in phases from October to November, with manager Manuel Pellegrini and his squad officially relocating during the next international break. center_img Manchester City will move their first-team training base to the club’s new £200million facility next month.last_img read more


first_imgOur Sports ReporterGUWAHATI: Prag News and Pratidin Group registered big win in the TG Barua Inter Media Cricket championship held at the Judges ground here today. Pratidin Group in the first match of the day defeated GL Publications by 8 wickets. Abhinash Thakuria (3-11), Tonmoy Dey (3-12) and Jagjit Singh (38no), all from the winning side, came out with good performance in the match. Meanwhile in the second game Prag News thrashed NE News by 173 runs. Mriganka Sarma (105 no) and Nikhil Basfore (77), Bonojit Kalita (3-2) from Prag News made brilliant performance in the match.Also Read: Assam take 2nd innings lead in Cricket tournament against Tamil Nadu Also Watch: Minister Pijush Hazarika rebuts claims of paid crowd at BJP peace rally in Jagi Roadlast_img read more