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You're reading: DTEK buys 25% stake in Kyivenergo for Hr 450.5 million
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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.

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