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Sale of Electricity Distribution Company of Eastern Slovakia (VSE) to RWE.

  • 24.07.2002
The Government of Slovakia has agreed to sell a 49% stake in, and give management control of, VSE to the German group RWE. VSE is one of the country's three regional electricity distribution companies.

The deal, worth EUR 130 million, is part of efforts to restructure and privatize the electricity sector in Slovakia. BNP Paribas Corporate Finance advised the Slovak government on the transaction.