Ukraine Sells Power Distributor Chernivtsioblenergo, Fund Says

Ukraine sold a 45 percent stake in Ukrainian power distributor VAT Chernivtsioblenergo (CHEN), the state property fund said.

TOV VS Energy International Ukraine bought the holding for 70 million hryvnia ($9 million) today, the state property fund said in a statement on its website.

To contact the reporter on this story: Kateryna Choursina in Kiev at kchoursina@bloomberg.net

To contact the editor responsible for this story: Claudia Carpenter at ccarpenter2@bloomberg.net

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