Spain wary of E.On's bid for Endesa

Article Abstract:

The government of Spain has expressed its opposition to the acquisition of Endesa S.A. of Spain by E.ON Energie AG of Germany. The European Union economic policy supporting cross-border acquisitions goes against traditional national protectionism. Spain's largest electric utility is partly state-owned.

Europe, Germany, Economic Programs, Administration of Economic Programs, Economic aspects, Economic policy, E.ON Energie AG

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Cantabrico remains opposed to bid by Ferroatlantica

Article Abstract:

Hidroelectrica del Cantabrico SA will call on its stockholders to reject an unsolicited acquisition bid by Ferroatlantica SA. Ferroatlantica is making an 540 million euros offer to acquire 25% of Cantabrico.

Asset sales & divestitures, Hidroelectrica del Cantabrico S.A., Ferroatlantica S.A.

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Spain power deal may create titan

Article Abstract:

Gas Natural SDG S.A. of Spain has bid $28.8 billion for Endesa S.A. also of Spain. The gas utitility and electric utility together would be valued at 24 billion Euros.

Gas Utilities, Natural Gas Distribution, Utilities, Gas Production and Distribution, Electric & Gas Utilities, Gas Natural SDG S.A.

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