Verbund: Speculations about Increase in Sorgenia Stake

Published: July 1, 2011; 17:22 · (Vindobona)

The Austrian electricity company might sell its shares in Poweo and instead acquire its joint venture partner’s stake in Sorgenia.

Verbund: Speculations about Increase in Sorgenia Stake / Picture: © Flickr

Speculations about Verbund’s future investment portfolio continue. According to a report by the Italian newspaper “Il Sole 24 Ore”, the Austrian electricity provider might acquire a stake from the industrial holding CIR to become the sole shareholder in their common joint venture Sorgenia. Verbund currently holds a 45% stake in the Italian company.

The group has recently…

This article includes a total of 187 words.

or Log In

Fast News Search

Join us to succeed in Vienna! Sign up to read articles for free and to get personalized updates on the events that interest you.

Verbund: Speculations about Increase in Sorgenia Stake

The Austrian electricity company might sell its shares in Poweo and instead acquire its joint venture partner’s stake in Sorgenia.

Join us to succeed in Vienna!
Sign up to read articles for free and to get personalized updates on the events that interest you.