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Name | Symbol | Market | Type |
---|---|---|---|
Verbund AG (PK) | USOTC:OEZVY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.19 | -1.15% | 16.37 | 15.28 | 17.46 | 16.37 | 16.37 | 16.37 | 103 | 14:52:05 |
By Nicole Lundeen
VIENNA--Austrian utility Verbund AG (VER.VI) is in talks with various other companies about its holdings in Turkey, the company said Friday, as part of a evaluation of its shareholding portfolio.
The discussions cover a range of options, including disposing of its current shareholdings or developing them, or even acquiring new holdings, the company said in a news release, without explaining further details.
Verbund has a 50% stake in Turkish electricity producer Enerjisa, a joint venture between Verbund and Sabanci Holding (SAHOL.IS).
Verbund's announcement follows a report last month that it was in talks to sell a stake in Enerjisa to the German utility E.ON AG (EOAN.XE).
On Thursday, Verbund said it was selling its 49% stake in the energy service provider Energie Klagenfurt GmbH and last year it sold its 46% stake in the French alternative electricity supplier POWEO S.A. (ALPWO.FR) as part of its planned disinvestment program.
Write to Nicole Lundeen at nicole.lundeen@dowjones.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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