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Europe Daily Bulletin No. 8691

23 April 2004
Contents Publication in full By article 36 / 44
GENERAL NEWS / (eu) eu/competition
Commission approves Endesa control of SNET

Brussels, 22/04/2004 (Agence Europe) - On Thursday, the European Commission cleared the acquisition by the Spanish electricity company Endesa of the French company SNET (Société Nationale d'Electricité et de Thermique) by increasing its 30% stake to 65%. SNET had previously been controlled jointly by Endesa and Charbonnages de France (CDF). Electricité de France (EDF) was and remains a minority shareholder. The deal, notified on 15 March, has been examined under simplified procedure,...

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