CEZ reportedly did not pass to the second round of privatization of coal mining companies

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Investiční bankovnictví KB

      Internet server Euroonline cited a source close to privatization committee that CEZ would be disqualified from privatization of coal mining companies due to formal mistakes in preliminary applications. CEZ was interested in privatization of both companies Severoceske doly and Sokolovska uhelna. The privatization committee reportedly allowed Appian Group, Oakfield/Penta and Skrobarna Brno/J&T to the second round of privatization of Severoceske doly. Sokolovska tezebni and OKD proceeded to the second round of privatization of Sokolovska uhelna.

       We consider the news neutral for CEZ. The market has already priced in the fact that CEZ would not bid for the mining companies.

      Tyto zprávy pro vás vytváří Investiční bankovnictví KB.