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EHP reportedly buys EDF's minority share in SSE

French company Electricité de France has reportedly sold its 45-percent stake in Stredoslovenská Energetika (SSE), one of Slovakia three main electricity distribution firms, for €500 million to the Czech energy group Energeticky a Průmyslový Holding (EPH), the SITA newswire reported, citing reports published on the Czech news website Motejlek.com.

French company Electricité de France has reportedly sold its 45-percent stake in Stredoslovenská Energetika (SSE), one of Slovakia three main electricity distribution firms, for €500 million to the Czech energy group Energeticky a Průmyslový Holding (EPH), the SITA newswire reported, citing reports published on the Czech news website Motejlek.com.

The companies, as well as the Slovak Economy Ministry, have not confirmed the reports yet.

“We will not comment on ongoing acquisitions,” said Daniel Častvaj, spokesperson for EPH, as quoted by SITA.

SSE currently supplies energy to nearly 712,000 customers. As well as electricity it also supplies natural gas. EDF bought its share in SSE more than 10 years ago for €158 million, SITA wrote.

EPH belongs to Czech businessmen Petr Kellner and Daniel Křetínský, as well as the Slovak J&T financial group, the Sme daily wrote.

Sources: SITA, Sme

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

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