Brussels, 05/02/2007 (Agence Europe) - German energy leader, E.ON, again increased its offer on Friday for a takeover of the Spanish electricity company Endesa. It is now offering €41bn, which will make this the largest takeover ever made in the European energy sector. E.ON president, Wulf Bernotat, informed the press in Madrid: “We are expecting a conclusion on the deal in the first part of April”.
This new proposal will make Endesa shares worth €38.75 each, and increase the...