29. April 2002 at 00:00

State to make Sk25 billion on distributor sales

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THE VALUE of the three bids for minority stakes in energy distributors that privatisation commissions have recommended the government accept is about Sk25 billion ($530 million), according to unofficial estimates cited in the daily paper Pravda.

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The leading candidates for the ZSE, SSE and VSE distributors are the German E.ON (330 million euros), French EdF (160 million euros) and German RWE Plus (127 million euros) respectively.

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