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EON SE's acquisition of Ovo Energy is under UK antitrust investigation, potentially creating the nation's largest domestic electricity supplier with a 27% market share by late 2026.
E.ON reported a 2% rise in Q1 core profit to 3.3 billion euros, maintaining its annual outlook despite investment delays caused by cold weather. The company also confirmed plans to acquire British ene
EON SE plans to acquire struggling Ovo Energy to create a UK energy giant with 27% market share, addressing financial resilience rules while awaiting regulatory approval by H2 2026.
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