Company Statement: E.ON able to acquire Enel and Acciona shareholdings package including Endesa assets
( March 28, 2008, 11:57 GMT | Official Statement) -- Extract: The E.ON Board of Management and Supervisory Board have approved the acquisition of a substantial package comprising power stations and other shareholdings above all in Spain, France and Italy. E.ON reached agreement last April with the Italian energy company Enel and the Spanish conglomerate Acciona on an extensive transaction as a constructive way of ending the dispute over the acquisition of a majority interest in the Spanish energy company Endesa. Valuation of the assets, which was agreed then as a basis for determining the final purchase price, has now been completed on schedule.03/28/2008 - The E.ON Board of Management and Supervisory Board have approved the acquisition of a substantial package comprising power stations and other shareholdings above all in Spain, France and Italy. E.ON reached agreement last April with the Italian energy company Enel and the Spanish conglomerate Acciona on an extensive transaction as a constructive way of ending the dispute over the acquisition of a majority interest in the Spanish energy company Endesa. Valuation of the assets, which was agreed then as a basis for determining the final purchase price, has now been completed on schedule....
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