Utility MVV Energie sees Brexit-related currency, pricing risks

MVV Energie AG

11/12/2018 09:37

FRANKFURT, Dec 11 (Reuters) - German regional utility MVV
Energie's British operations  MVVGn.DE  could be hit by a
weakening pound and a slowdown of the local economy in the wake
of Britain's move to leave the European Union, its chief
executive said on Tuesday.
    MVV, which is headquartered in the German city of Mannheim,
has spent more than 500 million euros ($569 million) to expand
its British business in recent years.
    ($1 = 0.8790 euros)
    

 (Reporting by Christoph Steitz; editing by Thomas Seythal)
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