Actualité - Venezuela Caps Energy Shares
Caracas, May 11 (Prensa Latina) The Venezuelan government has taken control over nearly 93 percent of the Electricity Company stocks, state PDVSA oil company (Petroleos de Venezuela, S.A.) announced Friday on its website.
After the Public Auction, the State held 92.98 percent of total shares in the Distrito Capital first electricity company, PDVSA informed, and added the package includes the American Depository Shares in the Bank of New York, grouping more than 3.6 billion shares.
That process is part of the Venezuelan government s program to get control over strategic economic sectors.
The total cost of the operation amounts to 836.93 million dollars.
(Prensa Latina News Agency)
After the Public Auction, the State held 92.98 percent of total shares in the Distrito Capital first electricity company, PDVSA informed, and added the package includes the American Depository Shares in the Bank of New York, grouping more than 3.6 billion shares.
That process is part of the Venezuelan government s program to get control over strategic economic sectors.
The total cost of the operation amounts to 836.93 million dollars.
(Prensa Latina News Agency)
Libellés : Venezuela
posted by Franc-Parler at 1:15 p.m.
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