CEZ A.S. — M&A Activity 2016

Nov 30, 2016

On 30 November 2016 SLOVNAFT, a.s. signed agreements to acquire a 75.5% ownership share in the company CM European Power Slovakia, s.r.o., thereby increasing its stake to 100%. 24.5% stake is being purchased from ČEZ, a. s. and 51% stake from CM European Power International B.V, which is a 50:50 joint venture of ČEZ and MOL.