Lithuania's Lietuvos Energija seeks go ahead to buy stake in Lietuvos Dujos

STOCKHOLM, April 30 Wed Apr 30, 2014 12:17pm EDT

Related Topics

STOCKHOLM, April 30 (Reuters) - Lithuanian state-owned energy group Lietuvos Energija said on Wednesday it had asked the country's competition authority for the go-ahead to buy a 38.9 percent stake in gas distributor Lietuvos Dujos from E.On Ruhrgas.

"We were told by the government, our shareholder, to apply for permission from the competition authority," a spokesman for Lietuvos Energija told Reuters.

The Lithuanian government is negotiating the purchase of E.On Ruhrgas' holdings in Lietuvos Dujos, gas grid operator Amber Grid and electricity trading firm Lesto.

(Reporting by Andrius Sytas; Editing by Pravin Char)

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.