Poland still struggles with Rybnik stake sale

Article Abstract:

The article is about how the Polish Treasury Ministry is struggling to sell off 35% of Elektrownia Rybnik by the end of the year. Although some analysts think that the deal will be completely terminated, most feel it will go forward, but no later than February.

---

Sithe sale will cut total Vivendi debt

Article Abstract:

Vivendi SA acknowledged that its sale of part of Sithe Energies Inc. will eliminate a large portion of its debts. The deal will relieve almost 4 billion euros of Vivendi's debts. Sithe is being sold to Peco Energy Co. for approximately $680 million.

United States, Financial management, Electric, Gas & Water Utilities, Utilities, ELECTRIC, GAS, AND SANITARY SERVICES, Energy industries, Energy industry, Public utilities, Vivendi Universal S.A., Sithe Energies Inc., PECO Energy Co., PE

---

Foreign consortium buys a 35% stake in Polish generator

Article Abstract:

Poland's Treasury Ministry sold a minority share of Elektrownia Rybnik to Energie Baden-Wuerttemberg AG and Electricite de France. The 35% share was sold to the consortium for $120 million (134.3 million euros).

Acquisitions & mergers, Foreign operations, Germany, Electricite de France, Energie Baden-Wurttemberg

Similar abstracts:

• Abstracts: BMW plans to step up its operations in Russia. France plans to slash its stake in Renault. Fiat begins talks to buy Irisbus stake from Renault
• Abstracts: Ford beats expectations with second-quarter net. Ford earnings dropped sharply in the 4th quarter. Ford's net falls in wake of recall
• Abstracts: State entities buy costly equity stake in Time dotCom. Malaysia Internet mountain. Legend to acquire 40% of Yestock, a web-portal firm
• Abstracts: Bank Austria merger to spark Eastern Europe consolidation. HypoVereinsbank aims at expansion. Halifax and Bank of Scotland may finalize merger soon
• Abstracts: Taiwan's high-tech path takes companies into China. China's new stocks are worth a look. Rare China play offered

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.