Sweden's Vattenfall Group is still in the race to take a majority stake
in Polish power group Enea SA(ENA.WA) and may call a public bid to buy
its stock despite its decision not to make an offer to buy shares in
the company from the Polish Treasury, Polish daily Parkiet reports
Wednesday.
According to the daily, head of Vattenfall's Polish
operations Torbjorn Wahlborg said the company has "freedom to make
decisions" and may launch its own public bid for Enea stock, offering
to pay more than Germany's RWE AG (RWE.XE).
The Treasury picked RWE for further negotiations of the sale
of 67.05% in Enea. Vattenfall holds 18.7% of shares in the company.
Unofficial reports say RWE may pay PLN23 per share in Enea,
or $2.3 billion for the entire majority stake, the daily added. On
Tuesday, Enea closed roughly flat at PLN22.22 per share.