Five bidders line up for Leipzig sale

August 2007
Utility Week;8/10/2007, Vol. 27 Issue 19, p22
Trade Publication
The article reports on the sale of Leipzig German municipal utility Stadtwerke Leipzig (SWL). It says that five groups of bidders are already pursuing a 49.9% stake in SWL and have until the end of August 2007 to submit binding offers. Leipzig council will reveal the winner by November. The tender is expected to increase £300 to 400 million.


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