The Finance Minister B. Sobotka said that its plan to sell the state's 16% stake in CEZ has failed to find majority support in the government because the utility is expanding abroad. He is however ready to reopen the issue when the most important acquisitions are completed. Given the previous government's indications this comment is unsurprising and fully reflected in the stock price, we believe.
Source: Bloomberg.
Jan Hájek, Patria Finance