The Antimonopoly Committee of Ukraine has permitted DTEK Oil & Gas to acquire controlling stakes in Kyivoblenergo and Odesaoblenergo belonged to VS Energy Group, the press service of the committee has reported, referring to the decision made on Thursday.
“Today the Antimonopoly Committee of Ukraine granted permission to DTEK Oil & Gas to acquire shares of Kyivoblenergo and Odesaoblenergo under the strict condition of fulfilling obligations that neutralize the possible negative impact on electricity markets,” the committee said.
In the beginning of 2019, DTEK announced its intention to build up 68.2949% of the shares in Odesaoblenergo and 93.9978% in Kyivoblenergo owned by the VS Energy Group. Oil and gas companies of DTEK Oil & Gas Group (Ukraine) and NGR B.V. (the Netherlands) on January 3, 2019 entered into contracts for the sale of shares in these companies.
