E.On Sells Stake in Gazprom For $4.5Bln

German energy concern E.On said Wednesday that it sold its 3.5 percent stake in Gazprom. VEB bought 2.7 percent, with settlement to come later this month.
E.On has already sold the other 0.8 percent on the market and is earning 3.4 billion euros ($4.5 billion) on the entire deal, the company said.
VEB chief Vladimir Dmitriyev confirmed that the bank had signed a deal with E.On to buy the 2.7 percent of Gazprom. "A deal has been signed," Dmitriyev told reporters.
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Source: The Moscow Times