According to daily Hospodarske Noviny, the foreign shareholders in Slovak gas utility SPP are planning to sell off part of their 49% stake to a company involving local financial group J&T.
The daily reports that SPP’s shareholders E.ON Ruhrgas and GDF Suez have been in talks with the company Energeticky a prumyslovy holding (EPH), which is co-owned by Slovak financial group J&T and Czech entrepreneurs Petr Kelllner and Daniel Kretinsky.
HN published the article based on an anonymous source, who said “exclusive talks have been taking place” and that a deal could be struck by the end of this year. It is not known how big a share the current foreign investors wish to sell off, as this is still being negotiated.