Sorgenia Will not be Sold

Businessn.a. ♦ Published: April 26, 2012; 12:52 ♦ (Vindobona)

The Italian energy group will not be sold. The major owner CIR declines market rumors.

Sorgenia Will not be Sold / Picture: © Vindobona.org

Verbund, which holds a 45% stake in Sorgenia, will get new partners. The major owner of Sorgenia, the Italian industrial holding CIR holds 55% and will not sell.

”Sorgenia is attractive and this is positive. We received several offers and we analyzed them. But we do not sell. The company has consolidated and has 500,000 customers. The market is difficult at the moment, but…