29 February 2012
DTEK is planning an IPO for Kyivenergo (KIEN UK), the head of the latter’s supervisory board said yesterday (via Interfax). The source indicated that the prospects were not necessarily short-term and said it could be up to four years before Kyivenergo is floated. DTEK holds 71.82% of shares in Kyivenergo; it acquired a 25% stake in the company in December via privatization.