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CEZ bids €1 mn for state stake in CEZ Services

Czech-based CEZ has offered state electricity supplier Electrica €1 million for the 37% stake the state holds in CEZ Services, but the offer is likely to be rejected for being too low.“The bid to Electrica SA is the same as the first one, of €1 million for the stake in CEZ Services. We raise our bid. We are waiting for the state decision”, said the chief executive of CEZ Romania, Jan Veskrna.The chief executive of Electrica SA, Ioan Folescu told NewsIn on Wednesday that it will ...

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