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Exclusive-Brookfield, CPPIB advance to next round in Uniper sales process, sources say - Finance news and analysis from Global Banking & Finance Review
Finance

Exclusive-Brookfield, CPPIB advance to next round in Uniper sales process, sources say

Published by Global Banking & Finance Review

Posted on November 13, 2026

1 min read

· Last updated: November 13, 2026

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Brookfield and CPPIB Progress to Next Stage in Uniper Sales Process

Consortium Advances in Uniper Acquisition

Background of the Sales Process

FRANKFURT, Nov 13 (Reuters) - A consortium consisting of Brookfield and CPPIB is among suitors that have advanced to the next stage to buy German state-owned utility Uniper, according to two people familiar with the process.

Consortium's Response

A spokesperson for the consortium declined to comment.

Reporting Details

(Reporting by Christoph Steitz, Editing by Louise Heavens)

Key Takeaways

  • The German government is pursuing a dual-track strategy involving both an M&A sale process and a potential re‑IPO of Uniper, aiming to reduce its stake below 25 % by 2028
  • The Brookfield‑CPPIB consortium has submitted an indicative, non‑binding bid and progressed to the next round alongside other bidders such as Apollo and EPH
  • The sale process is being managed by UBS and JPMorgan, with potential binding offers expected after this next stage

Frequently Asked Questions

Who are the potential buyers of Uniper mentioned in the article?
A consortium consisting of Brookfield and CPPIB is among the suitors advancing in the sales process for Uniper.
What is the current stage of the Uniper sales process?
Brookfield and CPPIB have advanced to the next round in the process to acquire Uniper.
Is there any comment from the consortium about their bid for Uniper?
A spokesperson for the Brookfield and CPPIB consortium declined to comment regarding the Uniper sales process.

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