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Investment group KKCG bids for all assets of German energy companies in the Czech Republic

 Last Update: 2022-12-27
 Source: Internet
 Author: User

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Czech investment group KKCG said it had submitted a bid
to acquire all Czech assets of German energy company Innogy.

Investment group KKCG bids for all assets of German energy companies in the Czech Republic

The bid is to conclude an acquisition agreement
.
Innogy's parent companies Rheinland and E.
ON plan to spin off their energy networks and renewable energy businesses
.
A KKCG spokeswoman said: "We believe our offer is attractive and we offer a more interesting premium than the current market price
.
”

E.
ON, which plans to take over Innogy's energy network assets, said it expected to eventually own Czech assets, including stakes
in the gas distribution network and storage facilities.

KKCG has natural gas storage and oil and gas extraction operations in the Czech Republic, and other assets include the Sazka Games Group
.

，

Czech investment group KKCG said it had submitted a bid
to acquire all Czech assets of German energy company Innogy.

competitive bidding

Investment group KKCG bids for all assets of German energy companies in the Czech Republic

E.
ON, which plans to take over Innogy's energy network assets, said it expected to eventually own Czech assets, including stakes
in the gas distribution network and storage facilities.

KKCG has natural gas storage and oil and gas extraction operations in the Czech Republic, and other assets include the Sazka Games Group
.

，

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