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Investing.com -- The German government is conducting an impartial review of options for its holdings in former Russian Gazprom unit SEFE and energy company Uniper, according to a spokesperson for the economy ministry.
Berlin faces a European Union mandate to reduce its ownership in both energy companies to a maximum of 25% plus one share by 2028. The government is considering multiple approaches to meet this requirement.
"The options ... are diverse and could include, for example, separate sales of the two companies or a possible IPO," the ministry spokesperson said on Friday. "The federal government is examining various options with an open mind."
The ministry is also reportedly open to a potential merger between the two entities as it evaluates exit strategies, according to a report by Reuters.
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