Czech government stake in CEZ dips

04.09.2007 | , Reuters
Zpravodajství ČTK


perex-img Zdroj: Finance.cz

PRAGUE, Sept 4 (Reuters) - The Czech government's share in power company CEZ has dipped marginally, records showed on Tuesday, suggesting...

...that the government had begun the planned sale of a roughly 7 percent stake.

Records at the Prague Securities Centre (SCP) showed the state holding of the $31.4 billion company dipped by 0.02 percentage points to 67.59 percent.

The government has approved the sale of a minority stake in order to raise 31 billion crowns ($1.53 billion) for infrastructure projects.

The Finance Ministry has been declining to comment on the process. A spokesman was not immediately available for comment.

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Články ze sekce: Zpravodajství ČTK