EnBW with New Attempt to Sell Stake in EVN

Business › n.a. ♦ Published: September 14, 2011; 18:16 ♦ (Vindobona)

The German group intends to sell its shares in the Austrian energy company in two or three steps. It currently holds 32.5%.

EnBW with New Attempt to Sell Stake in EVN / Picture: © Vindobona.org

According to business newspaper Handelsblatt, the German utility company EnBW Energie Baden-Württemberg AG is planning to start a new attempt to sell its shares in Austrian EVN AG.

In October 2010, the German company decided not to continue with the secondary offering of shares in EVN as prices offered had been too low. The transaction had been planned in connection with the…

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