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ALCEN purchase of Meram Electricity approved
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The Competition Authority announced on Monday that it has approved the transfer of shares in the state-owned Meram Electricity Distribution Corporation to ALCEN Energy Distribution, a private electricity distribution company.
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Releasing the institution’s decision, dated Oct. 28, on its official Web site, the authority announced that it has decided that the sale of 100 percent of the shares in the Meram Electricity Distribution Corporation, which provides electricity to the provinces of Kırşehir, Nevşehir, Niğde, Aksaray, Konya and Karaman, to ALCEN Energy, would not cause a deterioration of competition in the market and approved the transfer of shares to ALCEN Energy in exchange for $440 million. The tender for the privatization of Meram Electricity was completed last year.
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03 November 2009, Tuesday
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TODAY'S ZAMAN WITH WIRES
İSTANBUL
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Benzer Haberler 
National
