EDF and EPH complete the transaction for the sale of 49% of Stredoslovenská Energetika a.s. (SSE) in Slovakia

27. 11. 2013

EDF and Energetický a průmyslový holding, a.s. (EPH) have completed the transaction for the sale of EDF’s minority stake of 49% in Stredoslovenská Energetika a.s. (SSE) to EPH.

This announcement follows the receipt of both the approval by SSE general shareholders meeting and the antitrust authorities’ clearance.

The transaction values the 49% stake of EDF in SSE at approximately 400 million euros.

EDF had announced on May 21st 2013 it had entered into an exclusivity agreement with EPH, and the two companies had signed a definitive agreement on May 24th 2013.