Electrica Seeks EUR375M Deal With Enel For Unit Shares

07.31.2012 By Florentina Dragu

Romanian state-run energy company Electrica plans to sell 13.47% of its 23.57% stake in power distributor Electrica Muntenia Sud to Italian utility Enel in a bid to raise approximately EUR375 million, Finance Minister Florin Georgescu said Tuesday.

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Keywords:
ELECTRICA
, ENEL
, SHARES