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Image header Agence Europe
Europe Daily Bulletin No. 9462
Contents Publication in full By article 23 / 29
GENERAL NEWS / (eu) eu/competition

European Commission approves public takeover bid for Endesa by ENEL and Acciona but new conditions could provoke problems

Brussels, 05/07/2007 (Agence Europe) - On 5 July, the European Commission approved the acquisition of sole control of Endesa S.A., a Spanish energy company mainly active in the electricity sector, by ENEL S.p.A., based in Italy, and Acciona S.A., based in Spain, through a public takeover bid. The Spanish authorities, however, announced the previous evening that they intended to submit this acquisition to conditions similar to those imposed on the unsuccessful takeover bid of Endesa by E.On...

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