By Nicole Lundeen
VIENNA--Austrian utility Verbund AG (VER.VI) is in talks with
various other companies about its holdings in Turkey, the company
said Friday, as part of a evaluation of its shareholding
portfolio.
The discussions cover a range of options, including disposing of
its current shareholdings or developing them, or even acquiring new
holdings, the company said in a news release, without explaining
further details.
Verbund has a 50% stake in Turkish electricity producer
Enerjisa, a joint venture between Verbund and Sabanci Holding
(SAHOL.IS).
Verbund's announcement follows a report last month that it was
in talks to sell a stake in Enerjisa to the German utility E.ON AG
(EOAN.XE).
On Thursday, Verbund said it was selling its 49% stake in the
energy service provider Energie Klagenfurt GmbH and last year it
sold its 46% stake in the French alternative electricity supplier
POWEO S.A. (ALPWO.FR) as part of its planned disinvestment
program.
Write to Nicole Lundeen at nicole.lundeen@dowjones.com
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