FRANKFURT (Thomson Financial) - The semi-privatization of Leipzig city's utility company Stadtwerke Leipzig GmbH has entered its final phase with Veolia, Electrabel and Energie Baden-Wuerttemberg (EnBW) making it onto the short list, Frankfurter Allgemeine Zeitung's Saturday edition said, citing sources.
It said bids submitted have ranged between 350 and 400 mln eur.
Leipzig is selling a 49.9 pct stake in the company. marilyn.gerlach@thomson.com mog/jag COPYRIGHT Copyright AFX News Limited 2007. All rights reserved. The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.
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