Feb. 22 (Bloomberg) -- Germany’s Ver.di labor union welcomed a plan by RWE AG to sell part of its stake in Saarland utility VSE AG to municipalities in the region.
Ver.di assumes that its demands, including keeping jobs in Saarland and safeguarding VSE’s independence, will be met by the agreement to sell 19 percent of the company to municipalities, it said in an e-mailed statement today.
--Editors: Alan Purkiss, Chris Peterson
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