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DTEK buys 25% stake in Kyivenergo for Hr 450.5 million

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Dec. 9, 2011, 3:47 p.m. | Business — by Interfax-Ukraine

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.

Ukraine's largest private energy holding DTEK has won a tender to sell a 25% stake in Kyiv's energy company Kyivenergo by offering Hr 450.5 million for the stake. Poltavaoblenergo initially offered Hr 432.305 million for a 25% stake in Kyivenergo, and DTEK Holdings Ltd (Cyprus) offered Hr 432.5 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.
The Kyiv Post is hosting comments to foster lively debate. Criticism is fine, but stick to the issues. Comments that include profanity or personal attacks will be removed from the site. If you think that a posted comment violates these standards, please flag it and alert us. We will take steps to block violators.
Anonymous Dec. 11, 2011, 12:58 p.m.    

So Akhmetov now controls the supply of electricity to most of Kyiv? I wonder what that will mean for the Kiev consumer:(

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Anonymous Jan. 11, 2012, 8:14 p.m.    

.

...&quot;...Poltavaoblenergo offered Hr 432.305 million

.... DTEK Holdings Ltd (Cyprus) offered Hr 432.5 million....

Something smells fishy.....then again, when these crooks live in sewer like rats,,,,,fishy is a nice smell.....

Please ,,,,someone assasinate these crooks.......!

Ukraine is OUR COUNTRY.............

.

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