Romania Electrica To Sell 15% Stakes In Its Distribution Units
Romanian state-run power company Electrica SA will sell stakes of 15% in each of its distribution units on the Bucharest bourse and will hire legal advisers by mid-February, according to a draft decision of the Economy Ministry.
Electrica will launch secondary public offerings for Electrica Distributie Transilvania Sud, Electrica Distributie Transilvania Nord and Electrica Distributie Muntenia Nord, the document noted.
The draft decision didn’t specify a deadline for the three offerings.
Electrica owns 78% in each of the three distribution units, while the remaining shares are in the hands of investment fund Fondul Proprietatea (FP.RO).
Citește și
2 min
Ștefan Stan
2 min
Ștefan Stan
2 min
Ziarul Financiar