Electricite de France SA (EDF.FR) has until Feb. 20 to submit a final offer for the Polish Treasury Ministry's 51% stake in Polish utility Enea SA (ENA.WA), daily Dziennik Gazeta Prawna reports Tuesday, citing an unnamed source.
Electricite de France SA (EDF.FR) has until Feb. 20 to submit a final
offer for the Polish Treasury Ministry's 51% stake in Polish utility Enea SA
(ENA.WA), daily Dziennik Gazeta Prawna reports Tuesday, citing an unnamed
source.
Last December,
Poland
picked EDF for exclusive talks on the sale of a $1.7 billion majority stake in
Enea. The deal is expected to be closed by the end of the first quarter of
2011. Local media in
Poland
have
said EDF has agreed to most of the terms set by the Polish government.
The Polish government has been trying to sell Enea for over two years in an
attempt offset borrowing needs with privatization receipts.
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