Czech Government to Start CEZ Takeover Process in June
Prime Minister Andrej Babis announced today that the Czech government will start its full takeover of utility CEZ in June. The state holds a 70% majority stake.
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The government of the Czech Republic is set to take the first steps toward a full takeover of the country's primary electricity producer, CEZ, during the company's annual general meeting in June. Prime Minister Andrej Babis announced the move on Tuesday, according to reports from news agency CTK.
