top of page
Search

Křetínský is selling his 49% stake in energy distributor SSE

  • Writer: Vladimír Dohnal
    Vladimír Dohnal
  • Oct 29, 2021
  • 1 min read

EPH (Daniel Křetínský) is selling its 49% stake in energy distributor SSE, HN sources say. It bought the stake in 2013 for €400m (the state owns the remaining 51%). Suitors are already conducting due diligence in SSE. EPH and SSE declined to comment. The price tag is allegedly €1bn and the suitors include ČEZ (Czechia), MVM, Mavir (Hungary) and E.ON (Germany). In 2018-20, distributor SSE posted an average net profit of €97m on €433m sales (net profit margin of 22%).


Recent Posts

See All
US slap massive tariffs

US President Donald Trump announced much higher and broader tariffs than expected and unleashed a global trade war. He set the minimum...

 
 
 
State will save on D3 highway

A Váhostav/Metrostav consortium submitted the lowest bid for D3 highway  near Žilina, of €398m. The state expected €498m. The consortium...

 
 
 

Comments


Táto správa je z Ekonomiky DNES, denného prehľadu najdôležitejších ekonomických správ zo Slovenska.

This news is from the Slovak Business News TODAY, one-page summary of all the important Slovak business news.

Copyright  © 1994 - 2025   Symsite Research         All rights reserved.

bottom of page