HELSINKI Womens Clayton Keller Jersey , Sept. 26 (Xinhua) -- Finnish energy giant Fortum is getting at least 46 percent ownership in the German energy company Uniper, Fortum announced on Tuesday in a statement.
Fortum said it signed a deal with E.ON to acquire about 46 percent share of Uniper stock.
In line with German law, Fortum is making a tender to all Uniper shareholders at 22 euros (26 U.S. dollars) per share. At this rate, the value of the 46 percent ownership would be 3.76 billion euros out of the whole Uniper stock of 8.05 billion euros, Finnish News Agency reported.
Fortum underlined that its aim is to acquire only the E.ON portion of the stock capital.
However, based on their offer to all shareholders Authentic Jason Demers Jersey , the ownership by Fortum may exceed 50 percent of Uniper. Fortum CEO Pekka Lundmark said in a press release on Tuesday Fortum is "convinced its offer would be of interest to all other shareholders of Uniper".
As the first reports about a possible Fortum interest in the E.ON ownership of Uniper circulated last week, Uniper CEO Klaus Schafer described the intentions of Fortum as "an unsolicited takeover offer" and said it is not in line with the strategies of Uniper.
Fortum CEO Lundmark told the media last week that Fortum had suggested to Uniper earlier in the summer that Fortum and Uniper could combine their businesses, but Uniper had rejected the offer.
Lundmark said Fortum is not planning to conquer Uniper. He said the plan is "an investment, not a takeover".
Uniper operates in Europe, Russia and several other market areas globally. It has 13,000 employees.
The state of Finland is the majority owner of Fortum. Mika Lintila Authentic Alex Goligoski Jersey , the Minister for Economic Development, said last week Finland has a positive attitude towards the purchase of Uniper shares by Fortum. Lintia said he was not aware of "any particular risks that would be associated with the purchase".
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by Jon Day
TOKYO, Oct. 23 (Xinhua) -- Japanese Prime Minister Shinzo Abe's ruling coalition retaining a two-thirds majority in the lower house election on Sunday will likely pave the way for parliamentary debate on the contentious issue of the first-ever amendment to Japan's war-renouncing constitution Authentic Oliver Ekman-Larsson Jersey , informed sources here said.
But changing Japan's Supreme Law for the first time since World War II is far from a foregone conclusion, political commentators here attested, despite the two-thirds majority achieved by the LDP and its Komeito party ally in Sunday's election.
The coalition's two-thirds majority at the lower house does mean that debate on the thorny issue can proceed notionally, as the majority is required at both houses of parliament to formally propose a revision to the constitution and the coalition already has the requisite majority in the upper house.
Numerous hurdles, however, will need to be straddled before Abe's and other pro-reformists' aspirations can be brought to fruition Authentic Derek Stepan Jersey , political watchers here said.
None more so than the majority needed in a public referendum on the issue, should the notion clear both houses of parliament.
"The cabinet (of Prime Minister Abe) and the National Diet will begin debate on the issue of constitutional amendment and Japanese politics has now entered a stage of so-called constitutional politics," Dr. Shin Chiba, professor with Special Appointment at International Christian University, told Xinhua.
"The legislature may pass the resolution to step forward to a referendum on the matter, but the Japanese populace is divided almost half and half on this issue Authentic Christian Dvorak Jersey , so this will cause fierce debate in society," the specialist in political theory explained.
He added that it might be the case that sections of society may be in favor of constitutional amendment, but that, "there still exists a general attachment, both logical and emotional, to the current pacifist constitution in terms of the general public's opinions and sentiment."
The politically and socially divisive issue of amending Japan's pacifist constitution has since the LDP's establishment in 1955 been adopted in several of the party's fundamental platforms Authentic Max Domi Jersey , with conservative, pro-reform factions becoming more vociferous on the issue from the 1990s to date.
The LDP's recent drive for constitutional amendment, led by Abe, however, has been matched by staunch demurral from opposition parties, constitutional scholars and sizable sections of the Japanese society Authentic Richard Panik Jersey , with the nucleus of the highly-polarized issue being Article 9 of the constitution.
It states, "Japanese people forever renounce war as a sovereign right of the nation and the threat or use of force as means of settling international disputes."
"Land, sea, and air forces, as well as other war potential, will never be maintained."
Experts have pointed out Authentic Niklas Hjalmarsson Jersey , Abe's legacy-led quest to amend the constitution by specifically referencing Japan's Self-Defense Forces (SDF), on the back of relatively new and controversial security legislation, and, the potential thereafter to broaden the operational scope of the nation's military on a global stage, has perturbed a multitude of lawmakers, scholars and peace-loving citizens here.
"Abe's reasons are very simple and have been clear for years. He is a patient and devoted nationalist who sees Japan as a 'normal' power in the region. He is Authentic Luke Schenn Jersey , as everyone knows, embol
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