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DealBook (Free subscription) | 07/18/2008
The Spanish government broke European Union law by insisting that mergers in its energy sector be preapproved, the E.U.’s top court said Thursday. Spain applied the system of prior authorization to the German utility E.ON’s takeover offer for a Spanish rival, Endesa, and to Acciona’s and Enel’s competing bid for the power company. It was widely seen [...]
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Euractive (Free subscription) | 07/18/2008
The EU's highest court ruled on 17 July that Spain broke EU internal market rules when it insisted last year that all mergers in the energy sector must be pre-approved by its national energy regulator, effectively thwarting a takeover attempt on the national energy company Endesa by Germany's E.ON.
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BBC News (Free subscription) | 07/17/2008
Europe's top court says Spain broke EU law for trying to obstruct a German takeover of Spanish energy firm Endesa.
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Business Wire (Free subscription) | 07/16/2008
SHEFFIELD, England--(BUSINESS WIRE)--Disenco Energy plc (TSX VENTURE:DIS), a provider of highly-efficient, energy-saving micro-combined heat and power (m-CHP) appliances for domestic and
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Market Wire - Energy and Utilities: Equipment (Free subscription) | 07/07/2008
CORDOBA, ARGENTINA (MARKET WIRE) Researched by Industrial Info Resources (Sugar Land, Texas) -- Germany's E.ON (OTC: EONGY) (Munich) recently announced that it has acquired a 65% equity share of the Societe Nationale d'Electricite et de Thermique (SNET), which was previously owned by Endesa France (NYSE: EOC) (Santiago, Chile). The remaining 35% is still held by Electricite de France (EPA: EDF) and...
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Business Wire (Free subscription) | 07/02/2008
CHICAGO & SANTIAGO, Chile--(BUSINESS WIRE)--Fitch Ratings has affirmed both the Foreign Currency Issuer Default Rating (FC IDR) and the Local Currency IDR (LC IDR) for Empresa Nacional de
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Reuters UK (Free subscription) | 06/26/2008
FRANKFURT (Reuters) - Germany's E.ON , the world's largest utility, on Thursday completed the takeover of energy assets from Spanish peer Endesa and Italy's Enel , slightly earlier than expected.
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Business Wire (Free subscription) | 06/25/2008
HOBOKEN, N.J.--(BUSINESS WIRE)--eglue, a global software company that provides unique real-time customer interaction solutions to enterprises, and IZO System, a leading customer interaction
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Reuters UK (Free subscription) | 06/16/2008
BRUSSELS, June 16 (Reuters) - The European Commission cleared the 42.5 billion-euro ($65.3 billion) takeover of Spanish utility Endesa by Italian rival Enel and Spanish infrastructure group Acciona on Monday.
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Business Wire (Free subscription) | 06/13/2008
SANTIAGO, Chile--(BUSINESS WIRE)--Endesa Chile (NYSE:EOC), announced today that its 2007 Annual Report on Form 20-F was filed with the United States Securities and Exchange Commission on
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Financial Time (Free subscription) | 05/16/2008
European competition regulators yesterday stepped up their threat to take Spain to the European courts over the country's refusal to drop conditions placed on the...
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Business Wire (Free subscription) | 05/15/2008
This report is an essential source for data, analysis and strategic insight into this company. The report provides key information relating to oil and gas assets of the company and financial, SWOT and value chain analysis of the company. The report examines company's business structure and operations, history and products, and provides an analysis of its key revenue lines. It inspects the company's...
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Law Blog - WSJ.com (Free subscription) | 05/15/2008
Italian utility Enel said international expansion helped lift its first-quarter net profit 6.5%, though growth was curbed by higher debt-financing costs, mainly related to the takeover of Endesa.
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Hispanic Business Magazine (Free subscription) | 05/13/2008
The Spanish utility Endesa posted a first-quarter net profit of euro 662 million on Monday, 4.6 percent more than a year earlier thanks to thriving business in Latin America. Profit was up 4.4 percent to euro 877 million before minority interests, excluding assets Endesa sold to E.ON, of Germany....