DTEK buys 25% stake in Kyivenergo for Hr 450.5 million
During the tender, the price rose to Hr 450.5 million, Poltavaoblenergo refused to offer a larger sum for the stake in Kyiv's energy company, and the State Property Fund declared DTEK the winner of the tender.
As reported, DTEK, which belongs to Rinat Akhmetov's System Capital Management, and regional energy supply company Poltavaoblenergo, controlled by businessmen Konstantin Grigorishin and Ihor Kolomoisky, submitted bids to take part in a tender to sell a 25% stake in Kyivenergo.
The tender to sell Kyivenergo's shares was initially scheduled for Nov. 25, 2011, but later it was postponed until Dec. 9, 2011.
The starting price of the 25% stake in Kyivenergo was set at Hr 432.305 million.
Kyivenergo operates almost all of the energy generating facilities in Ukraine's capital, apart from the Darnytsia heat and power station.
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