Tuesday, April 3, 2007

CORRECTED - Endesa carve up starts political war of words

(Reuters) - MADRID, April 3 - Spain's biggest power company Endesa will be broken up after a last-minute deal between three companies fighting to control it, and the Spanish government came under attack for its handling of the saga.

Germany's E.ON on Monday admitted defeat in its attempt to buy Endesa and announced a deal with its erstwhile rivals Enel and Acciona to carve up the Spanish firm.


Read more at Reuters.com Government Filings News

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