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By Albin Sybera The majority state-owned Czech energy utility CEZ and private equity group CVC Capital Partners are to place competing bids for the Czech gas distribution network, Reuters reported, referring to two sources close to the talks. In August, Reuters also quoted CEZ deputy chairman Pavel Cyrani, who then said that “GasNet is an asset that interests us”, adding that when a formal sale process “is started, we could certainly prepare a very high-quality offer”. A consortium of investors led by Macquarie Asset Management (MAM) triggered the sale of GasNet in June. MAM controls a 50.04% …

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