CEZ informed it is ready to submit a bid for the 49% stake of Slovenske Elektrarne (SE), a dominant power producer in Slovakia. The Slovak Cabinet is likely to consider the bid although CEZ submitted the bid after the declared deadline (Czech Press Agency).
We do not expect CEZ to be an aggressive bidder given its current ratio of production capacities to distribution assets, and given that it reportedly is the only bidder interested in SE’s nuclear assets.
Jiří Soustružník