SE tender reopened

THE CABINET is today reopening the tender for a 49 percent stake in the power company SE, which is undergoing privatisation.

The SE stake was on sale last year but the tender was halted.

The cabinet's advisor, PricewaterhouseCoopers, expects that eight original bidders and at least two new bidders will participate in the tender.

The advisor also expects that the cabinet will decide whether to sell a stake higher than the advertised 49 percent.

The expected price for the 49 percent stake, according to Pravda daily, is Sk12 billion (€286 million).

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

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