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4EH - EuroHold Bulgaria AD News Story

BGN1.65 0.2  10.0%

Last Trade - 18/09/20

Sector
Financials
Size
Small Cap
Market Cap £151.7m
Enterprise Value £158.8m
Revenue £725.7m
Position in Universe 157th / 629

BRIEF-Eurohold Agrees To Acquire CEZ Group's Assets In Bulgaria For 335 Mln Euros

Thu 20th June, 2019 4:50pm
June 20 (Reuters) - Eurohold Bulgaria AD  4EH.BB :
    * SAYS EUROHOLD AGREED TO ACQUIRE CEZ GROUP’S ASSETS IN
BULGARIA
    * SAYS ЕUROHOLD WILL PAY EUR 335 MILLION AND HAS MANDATED
TWO
GLOBAL INVESTMENT BANKS TO ARRANGE FUNDING FOR TRANSACTION
    * SAYS EUROHOLD WILL FINANCE THE ACQUISITION THROUGH A
COMBINATION
OF EQUITY AND DEBT FINANCING
    * SAYS EUROHOLD’S ACQUISITION OF CEZ GROUP’S ASSETS IN
BULGARIA IS
EXPECTED TO BE FINALIZED AFTER OBTAINING REGULATORY APPROVALS
    * SAYS EUROHOLD HAS SECURED THAT CEZ BULGARIA’S CURRENT
SENIOR
MANAGEMENT, INCLUDING THE CHIEF EXECUTIVE OFFICER, WILL REMAIN
IN THE COMPANY

Source text for Eikon:  ID:nEM58gtxJa 
Further company coverage:  4EH.BB 

 (Gdynia Newsroom)
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))
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