Edition:
United Kingdom

Endesa Offers To Buy EAEC For 87.5 Mln Euros


Tuesday, 19 Jun 2018 

June 19 (Reuters) - Endesa SA ::MAKES BINDING OFFER FOR ENERGY COMPANY IN CEUTA FOR 13.21 EUROS PER SHARE.SAYS ACQUISITION IS CONTINGENT ON ACQUISITION OF CONTROLLING INTEREST OF AT LEAST 50.1 PERCENT OF EAEC'S SHARE CAPITAL.SAYS OPERATION IMPLIES A TOTAL OF 87.5 MILLION EUROS IF ALL THE SHARES ARE ACQUIRED.