November 23, 2012 / 5:00 PM / in 5 years

Verbund confirms in talks on Enerjisa stake sale

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

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