07/03/2006 (Agence Europe) - Like Natural Gas, which has stated its intention to improve on its initial offer to acquire Endesa and counter the takeover bid by E.ON (see related article), the Italian group, Enel, may not admit defeat in its battle of rivalry with Gaz de France to acquire Suez. On Tuesday, the press echoed the possibility of a counter-bid from the Italian electricity company to the project of union between the private French group and Gaz de France. Enel is said to be seeking to gather between EUR 45 and 50 billion from the banking sector. With such a sum in its pocket, the Italian group may also start looking at other choices, some observers say, while still others mainly see this as a means to keep pressure on Paris in order to gain compensation.