Price for SPP: $2.7 billion

The price offered on February 28 by the consortium of Gazprom, Rurhgas and Gaz de France for a 49 per cent stake in gas utility SPP was $2.7 billion, according to an official cabinet statement. Although the government originally decided not to publish the figure, it released the bid following an agreement with the consortium, as Slovak media had been reporting the data since last week. At a coalition council meeting yesterday, the ruling coalition SDĽ party, which claims the Sk130 billion offered is too little, agreed with the other four parties of government to discuss the matter in today’s regular cabinet meeting.

Compiled by Tom Nicholson from press reports.
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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