Eurohold has Interest in Bulgarian Assets of CEZ?
The Bulgarian insurer Eurohold has had talks with the Czech energy group CEZ in which it has shown interest in its Bulgarian assets, but there is still no decision on whether to participate in the procedure for the purchase of the electricity distribution network in Western Bulgaria, the electricity supplier, the trader, the telecommunication company and two solar projects. If the company takes such an investment decision, and this should happen in the next two to three weeks, it will be announced publicly as Eurohold is listed on the Bulgarian and Warsaw Stock Exchange. Mediapool has learned from its sources after the Czech newspaper Lidove News first announced on Monday that Eurohold is the third candidate in the stuck deal for CEZ's assets in Bulgaria.
The talks between CEZ representatives and Eurohold's Supervisory Board chairman Asen Hristov took place alongside the acquisition by Eurohold Insurance Group of Eurohold of four insurance companies of the German ERGO, one of which is in the Czech Republic.
The Bulgarian insurer officially stated that "following its corporate policy and rules, Eurohold Bulgaria AD does not comment on rumors or speculative information, especially when it concerns third parties." The statement recalls that as a public company, Eurohold, to disclose corporate information, complying with statutory requirements, as it is under the magnifying glass of financial regulators.
"Any published speculative unconfirmed information could affect the cost of the holding's shares and harm the interests of shareholders, including minority shareholders, and this could also be considered a violation of the laws governing the operations of public companies. subsidiaries have always publicly announced their acquisitions using...
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