SPF hopes to sell blocking stake in Odesaoblenergo, Sumyoblenergo, Donbasenergo by end of Aug

16:23, 16.08.2017 1 min read

The State Property Fund of Ukraine (SPF) hopes to sell blocking stakes in public joint-stock company Odesaoblenergo, Sumyoblenergo and Donbasenergo by the end of August 2017, Deputy SPF Head Yuriy Nikitin has told Interfax-Ukraine.

"We schedule two more trading session for each stake by the end of this month. These stakes could be sold in August," he said.

Nikitin said that one bid was received for the stake in Sumyoblenergo yesterday from a trader with securities, while it was not confirmed by the deposit guarantee.

As reported, earlier the fund had to annul trading to sell blocking stakes in these three companies due to the absence of bids from potential buyers.