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The
stock fell about 7% earlier in the day after Bloomberg citing
sources familiar with the matter reported that the government
could take a stake of more than 50%.
In July, Berlin said it would take a 30% stake as part of a
rescue deal for Germany's largest importer of Russian gas as
rising power prices burn up the company's cash reserves.
But Uniper requested more financial help from the German
government in August, raising the bill for its bailout to 19
billion euros ($19.04 billion).
On Wednesday, Uniper, whose shares were down were down 7.8% at
0952 GMT, said no decisions have been made beyond what was
agreed in July.
"The parties are looking into alternative solutions, inter alia
a straight equity increase that would result in a significant
majority participation by the German Government," it said in a
statement.
Finland's Fortum, Uniper's largest stakeholder, also said talks
with the German government continued.
The economy ministry declined to comment on the talks.
Uniper CEO Klaus-Dieter Maubach had in July flagged the
possibility that the German government could end up holding more
than 50% of the company.
"Nationalisation is the only solution left, Uniper's capital
resources are totally under water. Mathematically speaking,
there is nothing else that could be done," a source close to the
matter told Reuters. The state will take more than a 50% stake,
and is likely to take over full ownership, the source said,
adding there were few other alternatives left.
($1 = 0.9979 euros)
(Reporting by Baranjot Kaur in Bengaluru, Riham Alkousaa and Tom
Kaeckenhoff in Berlin, Emma-Victoria Farr, Christoph Steitz in
Frankfurt and Stine Jacobsen in Copenhagen; editing by Elaine
Hardcastle and Jason Neely)
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