Vattenfall gives up major purchase

The Swedish utility backs out of talks to acquire Stockholm Exergi in cooperation with Swedish pension group AMF.
Photo: PR / Stockholm Exergi
Photo: PR / Stockholm Exergi

Vattenfall has jumped off the process of buying Finnish power company Fortum's 50-percent interest in Swedish district heating and cooling company Stockholm Exergi – an acquisition initially planned to take place in conjunction with domestic pension company AMF, reports business media Dagens Industri.

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