Slovakia to Ask Enel to Pay More for Generator Stake, Sme Says
By Radoslav Tomek -
2012-05-28T06:31:19Z
The Slovak government will ask Enel SpA (ENEL) to pay more for the majority stake in Slovenske Elektrarne AS, which the Italian utility bought in 2006, Sme reported, citing Economy Minister Tomas Malatinsky.
Enel paid 839 million euros for the 66 percent holding in Slovakia’s largest electricity generator, the newspaper said. The government may ask for about 200 million euros more because of excessive reserves created by Slovenske before the sale, Sme said.
To contact the reporter on this story: Radoslav Tomek in Bratislava at rtomek@bloomberg.net
To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net
More News:
Sponsored Link
Rate this Page
Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.