(CTK), Czech company Knauf Pocerady might be taken over by its controlling company German plasterboard maker Knauf. Controlling company owns 60% stake in Pocerady and the remaining 40% wants to buy from CEZ. CEZ 40% share of Pocerady stated capital amounts to CZK
0.25 per share.
Even though, we see this news as neutral for CEZ trading, it positive in the way that CEZ is selling off assets that is not related to production and sales of electricity and can concentrate on its core production.