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State Property Fund sets dates to sell VIEN, CHEN

State Property Fund sets dates to sell VIEN, CHEN

15 December 2011

Ukraine’s State Property Fund yesterday said it would sell 50% in Vinnytsyaoblenergo (VIEN UK) on February 3 and 45% in Chernivtsioblenergo (CHEN UK) on February 7. Auction conditions are not different from previously announced electricity company auctions: qualified bidders should distribute/supply at least 30% of the target’s electricity in the last three years, have a direct or indirect public stake of below 25%, and cannot be registered in countries from the FATF black list.

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