Just Energy In "Advanced Discussions" With Potential Buyer For Its Overseas Retail Energy Businesses
August 16, 2019 Email This Story Copyright 2010-19 EnergyChoiceMatters.com
Reporting by Paul Ring • firstname.lastname@example.org
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In an MD&A for the quarter ending June 30, 2019, Just Energy provided the additional detail that it was in "advanced discussions" with a potential buyer for its retail energy businesses outside of North America
In an MD&A, Just Energy further said, "In March 2019, Just Energy formally approved and commenced the process to dispose of its businesses in Germany, Ireland and Japan.
In June 2019, as part of the Company’s strategic review, the U.K. was added to the disposal group. The decision was part of a strategic
transition to focus on the core business in North America. Just Energy is in advanced discussions with a potential buyer, and the
disposal of the operations is expected to be completed within the next 12 months."