German govt's Uniper takeover to cost over 30 bln eur - Business Insider

The German government's takeover of utility Uniper is expected to cost over 30 billion euros ($29.97 billion), Business Insider reported on Tuesday, citing government sources.

The government is close to agreeing a takeover deal, Business Insider said, adding that Berlin, parallel to the acquisition, still planned to impose a gas levy on consumers from Oct. 1.

In response to the report, a source told Reuters that the agreement is in the home stretch. ($1 = 1.0010 euros)

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