Czechs Delay Verdict on Bill Guiding Revamp of Power Maker CEZ

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The Czech government asked for more time to decide how to reassure investors that a potential ownership revamp of the dominant power utility CEZ AS won’t hurt minority shareholders.

The parliamentary Committee on Constitutional and Legal Affairs, which is supervising a bill on corporate overhauls in the assembly, adjourned its deliberations on the legislation for the fourth time on Wednesday, saying it needs input from the cabinet on how to proceed.

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