Arab Today, arab today italys enel plans to sell romania slovakia assets
Last Updated : GMT 18:19:36
Arab Today, arab today
Arab Today, arab today

Italy's Enel plans to sell Romania, Slovakia assets

Arab Today, arab today

Arab Today, arab today Italy's Enel plans to sell Romania, Slovakia assets

Italian electric power giant Enel
Rome - AFP

 Italian electric power giant Enel on Thursday said it was planning to sell assets in Romania and Slovakia in a deal that would raise more than 4.4 billion euros ($6.0 billion).
The activities to be sold would include a 66-percent stake in Slovenske Elektrarne, the leading power generator in Slovakia with revenues of 2.9 billion euros in 2013.
In Romania, the stakes to be sold w ould be in companies managing a power grid of about 91,000 kilometres and with a customer base of around 20 percent of the retail market.
Chief executive Francesco Starace "informed the board that... possible sales by the Enel Group would include its generation assets in Slovakia and its distribution and sales assets in Romania," the company said in a statement.
Enel said the possible sales would be part of a broader 6-billion-euro debt-reduction programme that began last year.
"The Slovakian and Romanian assets, together with other non-strategic assets, will contribute more than the residual target of 4.4 billion euros, giving the programme a necessary degree of flexibility," the statement said.
Enel said it had informed minority shoulders and appointed as financial advisers BNP Paribas and Deutsche Bank for the Slovakian assets and Citigroup and UniCredit for the Romanian assets. It said it would provide government authorities with relevant information in due course.

 

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today italys enel plans to sell romania slovakia assets Arab Today, arab today italys enel plans to sell romania slovakia assets

 



Arab Today, arab today
Arab Today, arab today Jordan airline suggests flyers 'talk'

GMT 11:59 2017 Friday ,24 March

Jordan airline suggests flyers 'talk'
Arab Today, arab today 5 Crafty Must-Have Limited-Budget Ideas

GMT 17:03 2017 Saturday ,25 March

5 Crafty Must-Have Limited-Budget Ideas
Arab Today, arab today Rebel supporters flood Yemen streets

GMT 06:39 2017 Monday ,27 March

Rebel supporters flood Yemen streets

GMT 11:48 2017 Sunday ,26 March

US stocks decline on Trump policy uncertainty

GMT 19:32 2017 Saturday ,25 March

US Stocks Close Mixed

GMT 19:19 2017 Saturday ,25 March

Gold Prices Rise on Wednesday

GMT 19:07 2017 Saturday ,25 March

US Stocks Close Mostly Lower

GMT 13:39 2017 Saturday ,25 March

US stocks end mixed as House pulls health-care bill
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Yemen children dream of school

GMT 07:25 2017 Friday ,24 March

Yemen children dream of school
Arab Today, arab today Trump to roll back Obama clean power plan

GMT 11:10 2017 Monday ,27 March

Trump to roll back Obama clean power plan
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Uber grounds self-driving cars

GMT 09:11 2017 Monday ,27 March

Uber grounds self-driving cars
Arab Today, arab today Audi RS 5 Coupe acquires new design

GMT 13:22 2017 Thursday ,23 March

Audi RS 5 Coupe acquires new design
Arab Today, arab today Nermein Al Fekki films “Foxes in the Valley”

GMT 09:58 2017 Saturday ,25 March

Nermein Al Fekki films “Foxes in the Valley”
Arab Today, arab today Salvage of South Korea's Sewol ferry

GMT 04:51 2017 Friday ,24 March

Salvage of South Korea's Sewol ferry

GMT 06:21 2017 Friday ,24 March

MP submits a petition to dismiss university head

GMT 18:57 2017 Tuesday ,21 March

Accessories designer reveals her new collection

GMT 15:25 2017 Tuesday ,21 March

2017 already marked

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures

GMT 20:03 2017 Saturday ,25 March

Health expert warns from dust sensitivity

GMT 07:36 2017 Wednesday ,22 March

US, Britain ban laptops on flights

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 19:27 2017 Saturday ,11 March

Boualsof launches "Priestess Kahina" collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday