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| Sale of SE shares to EPH in final stage |
| Bratislava, 21.11.2015 |
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| Negotiations between the Italian company Enel and the Czech company Energetický a Průmyslový Holding (EPH) on the sale of Slovenské Elektrárne’s remain active, and Enel’s CFO Alberto De Paoli announced at the press conference in London on November 18 that negotiations will take another 15 to 20 days.
Enel, holding a 66-percent stake in the dominant electricity producer Slovenské Elektrárne (SE) finalise the deal before the end of the year.
“The transaction is in the final phase,” Paoli said as cited by the SITA newswire. Though the contract would be signed in the following weeks, the sale would be final two or three months later.
Enel expects to collect proceeds from the sale during the first half of 2016.
A deal to sell half of its 66 per cent stake in SE to EPH is set to be agreed by the end of this month, three people with knowledge of the talks said, in a sale that could raise €350m, The Financial Times reported November 15. Enel’s CEO Francesco Starace neither confirmed nor denied this information in London. The Italian group wants to sell the remaining 33 percent stake only after completing the third and fourth units of the nuclear power station in Mochovce.
Spectator |
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Address : Euro-Brew Ltd., Hlboká 22, 917 01 Trnava, Slovakia
Tel. : +421 33 53 418 53, Fax : +421 33 53 418 52, E-mail : info@eurobrew.sk |
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