Printer Friendly

CEO of Czech Electricity Generator CEZ Sounds Bold on Acquisitions.

M2 EQUITYBITES-March 20, 2015-CEO of Czech Electricity Generator CEZ Sounds Bold on Acquisitions

(C)2015 M2 COMMUNICATIONS http://www.m2.com

20 March 2015 - The CEO of Czech electrical company CEZ is eyeing possible acquisitions in the near future, according to an interview he gave to Hospodarske Noviny on Friday.

CEO Daniel Benes, in an interview with the paper's Vaclav Trejbal, said that CEZ is one of the least indebted major energy companies in Europe, and that he is considering some large acquisitions.

Specifically, Benes said that CEZ is discussing the purchase of Italian energy company Enel's share in a Slovak power company, and Swedish company Vattenfall's generating assets in Germany.

He also said that Enel wants to leave Slovakia mainly due to debt reduction.

((Comments on this story may be sent to info@m2.com))

COPYRIGHT 2015 Normans Media Ltd.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2015 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:M2 EquityBites (EQB)
Date:Mar 20, 2015
Words:136
Previous Article:Palumbo-led Investment Group Chicago Building for USD 8.175m.
Next Article:Camfin in Talks to Sell 26% Stake in Pirelli at EUR 15/Share.
Topics:

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters