E.On borrows 3bn euros

Note: This section contains information in English only.
Source: BBC

E.On, Germany's energy company, has taken about 3bn euros citing the impact of the troubled EU economies, especially the impact of Spain and Italy that cut forecasts for energy demand and price. Following the announcement, E.On share price declined by 2.2% in the morning trade in Frankfurt. However, the company claimed that expected profits for 2013 are in line with previous forecast.

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