Bidders begin due diligence at SE

FIVE bidders for the 66 percent stake of the Slovak power producer Slovenské Elektrárne (SE) started due diligence at the company last week, Peter Mitka from the cabinet’s SE privatisation advisor, PricewaterhouseCoopers, said.

According to the Slovak economic daily Hospodárske noviny, the bidders include the German E.ON, Czech ČEZ, Russian RAO UESR, British firm International Power, and US company AES.

Mitka said that the majority of the bidders were interested in all of SE’s assets, including the nuclear units.

He also said that two unnamed financial investors could still enter the privatisation process by creating a consortium with some of the current bidders.

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

Get daily Slovak news directly to your inbox

Top stories

Milan Mazurek and Milan Uhrík in the foreground are significant faces of ĽSNS leaving the party

Far right splits: prominent faces leave after Kotleba changed statute

Analyst says that strengthening of extremists is unlikely.

20 h
Police control at the border crossing in Drietomá (Trenčín Region).

Stricter curfew rules come into force, police intensify checks

Negative test result required when going to work or doing sports in nature.

58m
Igor Matovič celebration his election victory on March 1, 2020.

It was a long time ago and it never happened anyway

How much of the present will be intelligible through the kaleidoscopic lens of digital media in just a few years – or even months?

20 h