HN reports that CEZ could acquire the state’s stakes in several coal-mining companies, namely a 55% stake in Severoceske doly (SD supplies approx. 65% of CEZ coal purchases; CEZ currently holds a 37% stake in the company) and a 46% stake in Sokolovska uhelna. The selling price of the stakes (combined) could be around CZK 6 bil., which is not excessive. Reportedly, the Cabinet could discuss the sale as early as tomorrow, as well as the possible CEZ acquisitions of regional distributors. Neutral.
(Jiri Soustruznik)