CEZ - Slovakia postponed deadline for bids in privatization of Slovenske Elektrarne

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Investiční bankovnictví KB

      PricewaterhouseCoopers, adviser for privatization of Slovenske Elektrarne announced, that the Slovak government postponed deadline to submit bids in privatization of the company to 21 July. It needs more time to determine the company’s future liabilities to a nuclear decommissioning fund. Investors completed due diligence of the company in the recent days. These include CEZ, RAO UES, Enel, E.ON and AES Corp.

       Nuclear decommissioning fund is one of the problems, which complicates the privatization. Its solution should improve Slovak’s government chances for better privatization revenue. On the contrary, it should also reduce the market uncertainty the potential winner of the privatization tender would overpay for the 66% stake in SE.

      Tyto zprávy pro vás vytváří Investiční bankovnictví KB.