Bloomberg News

CEZ Plans to Spin Off Renewable Resources, Lidove Noviny Reports

January 06, 2012

Jan. 6 (Bloomberg) -- CEZ AS, the largest Czech power producer, plans to regroup its renewable resources in a separate unit and sell part of it to pre-selected “qualified” investors, Lidove Noviny reported, citing spokesman Martin Schreier.

Another possibility is to sell the unit on the stock exchange, the newspaper said.

To contact the editor responsible for this story: Ladka Bauerova at lbauerova@bloomberg.net


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