Verbund confirms in talks on Enerjisa stake sale

VIENNA Fri Nov 23, 2012 11:57am EST

Related Topics

VIENNA (Reuters) - Austrian hydropower group Verbund (VERB.VI) confirmed it was in talks about a possible disposal of its stake in a Turkish joint- venture, after Reuters reported a deal was imminent.

"Verbund... confirms discussion about a potential disposal of Verbund's shareholding in the Turkish joint-venture Enerjisa," it said in a statement on Friday.

The company said it could not give further details.

(Reporting by Georgina Prodhan. Editing by Jane Merriman)