Energy Report

Wednesday, September 27, 2006

E.On raises offer for Endesa

E.On raises offer for Endesa
By Keith Johnson
The Wall Street Journal Europe
27 Sep 2006

MADRID—German utility E.On AG late yesterday upped its cash bid for Spanish power company Endesa SA by 38% to OE35 ($44.65) a share, after Spanish builder Acciona SA swept in with a “dusk raid” Monday evening and bought 10% of Endesa at OE32 a... read more...

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