Enel has agreed with EPH (“Energeticky a Prumyslovy Holding”, a privately-held Czech-Slovak holding company) to sell its 66% stake in its Slovakian assets for €750m. The sale will be executed through the creation and transfer of Enel’s stake in Slovenské Elektrarne to a newly-established company (“HoldCo”), with the later transfer of the HoldCo to EPH.
21 Dec 2015
Agreement (finally) found on the Slovakian assets
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Agreement (finally) found on the Slovakian assets
Enel SpA (ENEL:WBO) | 0 0 1.5% | Mkt Cap: 49,420m
- Published:
21 Dec 2015 -
Author:
Juan Camilo Rodriguez - Pages:
Enel has agreed with EPH (“Energeticky a Prumyslovy Holding”, a privately-held Czech-Slovak holding company) to sell its 66% stake in its Slovakian assets for €750m. The sale will be executed through the creation and transfer of Enel’s stake in Slovenské Elektrarne to a newly-established company (“HoldCo”), with the later transfer of the HoldCo to EPH.