EDF and EPH sign definitive agreement for the sale of 49% of Stredoslovenská energetika a.s. (SSE)

24. 5. 2013

EDF and Energetický a průmyslový holding, a.s. (EPH) announce they have signed today a definitive agreement for the disposal of EDF’s minority stake of 49% in Stredoslovenská Energetika a.s. (SSE) to EPH. The transaction values the 49% stake of EDF in SSE at approximately 400M€.

EDF had announced on May 21st it had entered into an exclusivity agreement with EPH.

The contemplated transaction will be submitted for authorization to a general meeting of shareholders of SSE. Closing is expected during second semester of 2013 following receipt of antitrust clearance.