German energy giant EON said Wednesday that it booked a record loss of 8.45 billion euros ($9.0 billion) in 2016 after massively overvaluing its fossil fuels division which was spun-off late last year.
The previous year, EON had already run up a bottom-line loss of almost seven billion euros.
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Afrin clashes kill 54 Syrian Kurd and pro-Turkey fighters: monitorMaintained and developed by Arabs Today Group SAL.
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All rights reserved to Arab Today Media Group 2021 ©
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