Hogan Lovells advises EDF in relation to the sale of its stake in SSE in Slovakia
29 November 2013
Hogan Lovells advised EDF in relation to the sale of its minority stake of 49% in Stredoslovenska Energetika (SSE) to Energeticky a prumyslovy holding (EPH). This transaction has been approved by SSE's general shareholders meeting and was cleared by the competition authorities. It values the 49% stake of EDF in SSE at approximately 400 million euros.
SSE is the second largest electricity distribution and supply operator in Slovakia and EPH is a leading Czech-based Central and Eastern Europe energy company.
The Hogan Lovells team in charge of this transaction was led from Paris by corporate partner Xavier Doumen, who worked with associates Arnaud Deparday and Mathieu Frick, London partner Tom Whelan, Prague partner Miroslav Dubovsky and associate Tomas Varoscak. Dedak & Partners assisted on the Slovakian law aspects of the transaction, with partner Eduard Winkler, senior associate Dominika Schweighoferova and associate Martin Tedla.