Ornex, a company operated by SCM Group, has bought a 25% stake in DTEK Dniproenergo and DTEK Dniprooblenergo from the State Property Fund of Ukraine. The deal has taken place at PFTS Stock Exchange.
The company paid UAH 728.236 million for a 25% stake in DTEK Dniproenergo, and UAH 1,004.676 billion for a 25% stake in DTEK Dniprooblenergo, which exceeded the starting price 2.05-fold.
DTEK is a majority shareholder of DTEK Dniproenergo owning a 73.54% stake and DTEK Dniprooblenergo owning a 51.66% stake.
Earlier, Ornex bought a 25% stake in DTEK Donetskoblenergo for UAH 143.81 million and a 25% stake in DTEK Zakhidenergo and Kyivenergo for UAH 417.163 million and UAH 759.633 million, respectively. (SCM/Business World Magazine)