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UPDATE 1-Bulgarian energy regulator clears sale of CEZ's Bulgarian assets to Eurohold


By Reuters Staff
(Adds Eurohold comment, details, background)
SOFIA, Jan 19 (Reuters) - Czech utility CEZ has won regulatory approval to sell its Bulgarian assets to local financial group Eurohold, Bulgaria’s energy regulator said on Tuesday, clearing a long-delayed 335 million euro ($406.22 million) deal.
CEZ, central Europe’s largest list utility, has been seeking to pull back from most foreign markets and focus more on growing its renewables and energy services businesses, including in neighbouring Germany.
The sale of its Bulgarian assets follows a deal to sell its Romanian operations to Macquarie Infrastructure and Real Assets (MIRA).
Eurohold said it wants to create a leading regional utility and that it has now obtained all regulatory approvals for the deal, which was struck in June 2019 but was initially blocked by the competition regulator. ....

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UPDATE 1-Bulgarian energy regulator clears sale of CEZ's Bulgarian assets to Eurohold


路透新闻部
(Adds Eurohold comment, details, background)
SOFIA, Jan 19 (Reuters) - Czech utility CEZ has won regulatory approval to sell its Bulgarian assets to local financial group Eurohold, Bulgaria’s energy regulator said on Tuesday, clearing a long-delayed 335 million euro ($406.22 million) deal.
CEZ, central Europe’s largest list utility, has been seeking to pull back from most foreign markets and focus more on growing its renewables and energy services businesses, including in neighbouring Germany.
The sale of its Bulgarian assets follows a deal to sell its Romanian operations to Macquarie Infrastructure and Real Assets (MIRA).
Eurohold said it wants to create a leading regional utility and that it has now obtained all regulatory approvals for the deal, which was struck in June 2019 but was initially blocked by the competition regulator. ....

Czech Republic , Sofiya Grad , Tsvetelia Tsolova , Susan Fenton , Vasil Stefanov , Macquarie Infrastructure , Adds Eurohold , Real Assets , Eurohold Bulgaria , Louise Heavens , Eurohold Bulgaria Update 1 , Corporate Events , Banking Amp Investment Services Trbc Level 2 , Banks Trbc Level 4 , Banking Services Trbc Level 3 , Central Eastern Europe , Company News , Commodities Markets , Divestitures Spin Offs , East European Countries , Electrical Transmission Amp Grid Equipment Trbc Level 5 , Electric Utilities Amp Ipps Trbc Level 3 , Electric Utilities Trbc Level 4 , Electric Utilities Nec Trbc Level 5 , Emerging Market Countries , Energy Trbc Level 1 ,