CEZ starting exclusive talks with Eurohold over Bulgarian assets

EuroHold Bulgaria AD

17/04/2019 07:19

PRAGUE, April 17 (Reuters) - Czech utility CEZ  CEZP.PR  has
started exclusive talks over the sale of its assets in Bulgaria
with Bulgarian firm Eurohold, a CEZ spokeswoman said on
Wednesday.
    "We offered to Eurohold that we will start exclusive talks
with them," CEZ spokeswoman Alice Horakova said, adding another
bidder, India Power, remained second in line for talks. She
declined to comment on any timeline.
    Eurohold, active in insurance and asset management, was not
immediately available for comment. 
    CEZ had been in talks with Bulgaria's Inercom but the
country's anti-monopoly regulator blocked a deal last July.
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 (Reporting by Jason Hovet in Prague and Tsvetelia Tsolova in
Sofia, Editing by Michael Kahn)
 ((jason.hovet@thomsonreuters.com; +420 224 190 476; Reuters
Messaging: jason.hovet.thomsonreuters.com@reuters.net))