Privatization of coal-mining companies is being criticized

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Investiční bankovnictví KB

      Unions of CEZ and Severoceske doly gave up the idea of law suits in case of privatization of coal-mining companies. Instead of that, they plans to ask the Supreme Audit Office, Antimonopoly Office and Parliament to investigate the decisions of the privatization committee. The unions should decide on 13 November, whether they would go on strike alert. International Power also plans to appeal against its disqualification from privatization of Sokolovska uhelna.

       Although we consider the potential purchase of coal-mining companies positive for CEZ (synergies, easier negotiations on coal deliveries), we suppose that CEZ would not be allowed to re-enter the privatization in the current environment.

      Tyto zprávy pro vás vytváří Investiční bankovnictví KB.