Vladimír Urbánek (Kurzy.cz)
Czech markets  |  April 11, 2013 09:29:44

EK completed investigation by CEZ sale Chvaletice


iPoint.cz The European Commission (EC) has completed investigations CEZ. The company sold a power plant Chvaletice 800 MW and it is according to the EC sufficient reason to terminate the proceedings, which began in 2009 and involved the possible abuse of a dominant position. The negotiated terms of the completion of the investigation informed ČEZ year ago. Completion of the investigation, according to our opinion, expected and already reflected in the share price.


Commission accepted three possible scenarios: Sale of plants Počerady, Chvaletice or combined sales of power Melnik with yew. ČEZ sale carried out under the supervision of an observer to verify that the transaction will not cause new concerns about the competitive environment. The buyer will have to

be approved by the European Commission (Bloomberg).

Approval of the agreement by the EC was more or less expected, but is positive in terms of dissipated uncertainty. CEZ has already made a deal to sell coal-fired power plant Chvaletice Litvínovská for 4.12 billion CZK (7.7 CZK / share) and said that the sale is recognized accounting profit of about 2.0 billion CZK. We estimate that by Chvaletice

without the inclusion of free CO2 allowances allocated to EBITDA CEZ in 2013 yielded less than 0.5%. The selling price was in line with our estimate.

Petr Bartek

Was this article: 10 | 8 | 6 | 4 | 2 | 0


Last news from the section Czech markets:

St   9:37  Unipetrol oznámí výsledky Research (J&T BANKA)
St   9:19  Solidní výsledky Morgan Stanley a Goldman Sachs finančním titulům nepomohly (Ranní.. Investiční bankovnictví (Komerční banka)
St   8:56  Středeční obchodní seance 18. 10. 2017 STOX.CZ (Grant Capital)


EK ukončila vyšetřování ČEZu díky prodeji Chvaletic

Diskuze a názory

Na dané téma nejsou žádné názory.


Zobrazit sloupec 
Moner | ISIN database | Weather forecast
Česká verze
Kurzy.cz - Akcie cz, kurzy měn, forex, zlato.
Favorite: Prague Stock Exchange Czech crown Czech economy Commodities Gold Trademarks Prague Weather

Copyright © 2000 - 2017

Kurzy.cz, spol. s r.o., AliaWeb, spol. s r.o.,

ISSN 1801-8688