Eurohold bids for Czech utility CEZ's Bulgarian assets

EuroHold Bulgaria AD

01/04/2019 15:20

SOFIA, April 1 (Reuters) - Bulgaria's public holding company
Eurohold Bulgaria  4EH.BB  has filed a binding offer to acquire
the assets of Czech power utility CEZ  CEZP.PR  in the Balkan
country, it said on Monday.
    Eurohold, active in insurance and asset management, said its
offer is not linked to other bidders and that it plans to
finance the acquisition through its own funds and with the
backing of leading western European banks.
   Earlier on Monday CEZ  CEZP.PR  said it has also received an
offer from India Power. CEZ had been in talks with Bulgaria's
Inercom, but the country's anti-monopoly regulator blocked the
deal last July and Inercom filed an appeal in a Bulgarian court.
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 (Reporting by Tsvetelia Tsolova
Editing by David Goodman)
 ((tsvetelia.tsolova@thomsonreuters.com; +359-2-93-99-731;))