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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.

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