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CEO OF THE GERMAN UTILITY GROUP VIAG AG ADDRESSES SHAREHOLDERS IN MUNICH, 2000-02-14 (photo)

IMAGE number
REU7615237
Image title
CEO OF THE GERMAN UTILITY GROUP VIAG AG ADDRESSES SHAREHOLDERS IN MUNICH, 2000-02-14 (photo)
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Medium
photograph
Date
2000 AD (C20th AD)
Shooting Date
2000-02-14
Image description

Wilhelm Simson, chief executive of the German utility group Viag AG is seen on a TV screen as speaks during an extraordinary shareholder's meeting to discuss the planned merger with the German "Veba AG" in Munich, February 14. German utility Viag AG said it expects the European Union to give it the green light in May to merge with Veba AG to form Europe's third-largest diversified utility.The company said it expected the deal to generate annual merger savings of around 2.1 billion euros ($2.08 billion). The merger transaction itself is expected to set it back 75 million euros. MAD

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REUTERS / Bridgeman Images
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