Endesa's profit increases by 25% on higher prices

Article Abstract:

Spanish energy company Endesa S.A.'s third-quarter profits increased by 25%, to $944.7 million. This increase supports the idea, for some, that Endesa, which is the object of a takeover battle by E.ON AG and Gas Natural SDG S.A., would be best left as an independent company.

Sales, profits & dividends, Financial Services, Finance and Insurance, DEPOSITORY INSTITUTIONS, Germany, Financial services industry, Company sales and earnings, Company earnings/profit, E.ON AG

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Court suspends Gas Natural bid to buy Endesa

Article Abstract:

The acquisition of Gas Natural SDG S.A. of Spain by Endesa S.A. also of Spain has been temporarily suspended by Spanish authorities. The court is to determine whether European Union anti-trust law has been violated.

Europe, Legal issues & crime, Regulation and Administration of Communications, Electric, Gas, and Other Utilities, Spain, Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors, Antitrust Law, Legal/Government Regulation, Electric Utility Mergers, Antitrust, Interpretation and construction, Company legal issue, Cases, Antitrust issue

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Centrica buys 60% of Humber Power for 51.8 million euros

Article Abstract:

Centrica PLC has acquired a majority share of Humber Power for 51.8 million euros. Centrica acquired 60% of Humber Power.

United Kingdom, Asset sales & divestitures, Centrica PLC, Humber Power

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