Magic circle duo take lead roles as E.ON and RWE agree €43bn asset swap deal

Germany's Hengeler also advising as E.ON takes controlling stake in Innogy

Linklaters, Freshfields Bruckhaus Deringer and Hengeler Mueller are all advising on E.ON’s €43bn (£38bn) deal to acquire a controlling stake in renewable energy business Innogy from German rival RWE.

The deal has been structured as an asset swap, with E.ON acquiring Innogy’s regulated energy networks and customer operations, and RWE taking on the renewables businesses of both E.ON and Innogy, as well as a 16.7% stake in E.ON.

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