Essent, Nuon review strategy

Energy firms Essent and Nuon are reviewing their strategy following the failure of their proposed merger. ‘There is a new reality. In our analyse, a merger with Nuon was the best strategic option but there are other possibilities,’ said Essent financial director Rinse de Jong.

A Nuon spokesman said his company needs time to discuss a new strategy with its management, shareholders [local governments] and supervisory board.
Unlike Essent, Nuon’s shareholders are happy that the proposed merger has been called off.

Thank you for donating to

We could not provide the Dutch News service, and keep it free of charge, without the generous support of our readers. Your donations allow us to report on issues you tell us matter, and provide you with a summary of the most important Dutch news each day.

Make a donation