E.ON to Acquire OVO Energy
May 12, 2026
E.ON has signed an agreement to acquire OVO, a UK energy supplier, in a deal expected to add around four million customers to E.ON’s existing UK base of about 5.6 million. The transaction is subject to UK regulatory approvals and is currently expected to close in the second half of 2026.
- Buyers
- E.ON
- Targets
- OVO
- Industry
- Energy
- Location
- United Kingdom
- Transaction Type
- Buyout
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