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Mayday, mayday!

17 Feb 2016 By Olaf Storbeck

When a utility axes its dividend, it’s a drastic step. RWE’s move, along with a 2.1 bln euro writedown, will hit its local government shareholders hard. RWE and its peers want Berlin to offer a generous deal over nuclear decommissioning costs. This distress signal can only help. 

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