Source Pravda.Ru

E.ON In Exclusive G-8 Talks

E.ON, Europe's second largest utility, was chosen for exclusive talks to buy a stake in a group of eight power distributors, known as G-8, Polish daily Prawo I Gospodarka reported, without citing anyone.

The government may raise as much as 5 billion zloty ($1.25 billion) from selling as much as eighty five percent of the group of distributors, the paper said. The government will make a final decision on Tuesday on whether to increase the amount of the sale, the paper said, without citing anyone.

The government had planned to sell as much as twenty five percent of the group, worth an estimated half billion dollars. As Poland has raised only 667 million zloty from state asset sales during the first five months this year, or about a ten percent of the amount planned, it may decide to increase the amount to be sold, the paper reported.

E.ON is one of four bidders and the third company to enter sole talks over the sale, according to press reports. Other bidders include Spain's Iberdrola SA, Belgium's Electrabel SA and Elektrim SA, Poland's power and phone company. Poland ended exclusive talks last year with Iberdrola and later Elektrim on the sale, the paper reported earlier.

Visit to

&to=http://www.eon.com/' target=_blank>EON

Comments
The need for a Global Political Agenda 2018
Pentagon can not accept Russia's victory over terrorists in Syria
Pentagon can not accept Russia's victory over terrorists in Syria
Putin: Russia will continue spending enough on defence not to be killed
Italy: Free fall
Tel Aviv, Jerusalem, capitals and puppets
North Korea declares victory over USA
The Myth of the Gene: Genetics, Epigenetics and the Organism-Environment Loop
Russia unveils the date for the launch of the superbridge to Crimea
The Myth of the Gene: Genetics, Epigenetics and the Organism-Environment Loop
Putin to Sobchak: We will never let them turn Russia into another Ukraine
Putin to Sobchak: We will never let them turn Russia into another Ukraine
Putin: Russia will continue spending enough on defence not to be killed
The Myth of the Gene: Genetics, Epigenetics and the Organism-Environment Loop
Turkish President Erdogan issues ultimatum to Washington and Brussels
New Syria to be born in Russia's Sochi
New Syria to be born in Russia's Sochi
Torturing Jerusalem with USA's help: No peace, but eternal war for Jews and Arabs
Putin: Russia will continue spending enough on defence not to be killed
Putin: Russia will continue spending enough on defence not to be killed
Putin: Russia will continue spending enough on defence not to be killed