CEZ Distribution Bulgaria AD logo

3CZ - CEZ Distribution Bulgaria AD News Story

BGN256 4.0  1.6%

Last Trade - 15/01/21

Sector
Utilities
Size
Small Cap
Market Cap £224.3m
Enterprise Value £239.6m
Revenue £170.9m
Position in Universe 146th / 638

Bulgarian regulator blocks Eurohold's buy of CEZ's Bulgarian assets

Thu 24th October, 2019 3:08pm
SOFIA, Oct 24 (Reuters) - Bulgaria's competition regulator
on Thursday blocked the planned acquisition of the Bulgarian
assets of Czech utility CEZ  CEZP.PR  by insurance and asset
management holding company Eurohold  4EH.BB .
    The regulator said the 335-million-euro deal would lead to a
significant increase of the market share of the new group and
would have an impact on both insurance and the energy markets.

 (Reporting by Tsvetelia Tsolova, editing by Deepa Babington)
 ((tsvetelia.tsolova@thomsonreuters.com; +359-2-93-99-731;))
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.