RWE revealed over the weekend that ithad reached the deal with LetterOneGroup, theinvestment vehicle set up by Russia's Alfa Group conglomerate whichis targeting newexploration & production, oilfield services, infrastructure andother energy projects.
RWEsaid it would provide further details on the deal once it enters asale and purchase agreement which it expects will take place“shortly”.
TheGerman company added the €5.1billion enterprisevalueof the deal included about €600 million in assumed liabilities.
