BRIEF-Verbund capital hike in CIR's Sorgenia

Wed Jun 17, 2009 4:58am EDT
 
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MILAN, June 17 (Reuters) - Italian industrial holding company CIR SpA (CIRX.MI) said in a statement on Wednesday:

* Austrian power company Verbund (VERB.VI) completes 150 million euro capital increase in CIR energy unit Sorgenia

* Deal values Sorgenia at 3.9 billion euros

* CIR holds 51.85 percent of Sorgenia

(Reporting by Stephen Jewkes)

 

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