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Morgan Stanley is collaborating with Goldman Sachs to explore the sale of its 50.06% stake in German renewable energy firm PNE, valued at €543m. This move could lead to a full takeover bid for the company, which has a project pipeline of 18.9 gigawatts and reported a 73% increase in core profit for 2024. A structured sales process is anticipated later this year, following an unsuccessful sale attempt in early 2023.
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Morgan Stanley explores sale of PNE stake with Goldman Sachs assistance
10:55 28.03.2025
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