CEZ did not rule out sale of stake in Aliatel

Komentář
Investiční bankovnictví KB

      CEZ announced that it does not rule out a sale of its stake in alternative telecommunications operator Aliatel, as part of its strategy to focus on core business. CEZ holds around 30% indirectly through its stakes in distribution companies. Another Aliatel’s shareholder RWE tried unsuccessfully to sell its 40% stake in the company in the past. Aliatel posted revenues of CZK 2.6bn last year and positive EBITDA of CZK 250m for the first time in its history. However, the company showed a net loss of CZK 385m.

       CEZ holds stakes in approximately 30 companies and sale of non-key assets could contribute to strong cash flows, which could be used for acquisitions or distributed to company’s shareholders.

      Tyto zprávy pro vás vytváří Investiční bankovnictví KB.