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2009-09-29 00:00:00
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The government is planning to sell a 20-percent stake in the country's second largest utility company, Tauron, when it goes public in 2010, according to reports by Parkiet.
The value of the combined initial public offering could reach around zĹ.8 billion according to the daily, which would make it one of the largest IPOs next year.
The sale of Tauron is part of the government's wider plan of privatization, and it hopes to raise around zĹ.4 billion from the sale of the utility company, which would equate to between 15 and 20 percent of its capital. (JJ)
Source: Thomson Reuters |
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