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Uniper is opposed to being bought by a rival as part of Berlin's efforts to sell down its 99% stake in the German energy trader, which was bailed out at the height of Europe's energy crisis, its chief executive said. Uniper had to be rescued by the German government for 13.5 billion euros ($14.6 billion) in 2022 after former main supplier Gazprom halted flows, but considerations of how Berlin can start selling down its holding have started due to the group's recent turnaround. Under German takeover laws, suitors must launch a full takeover bid if they acquire 30% of a listed company.