IN BRIEF: Endesa shareholders accept Enel offer

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Tuesday, October 21, 2014

Endesa Spain shareholders accepted the previously announced offer by Italy's Enel to acquire a 60.6% stake in Chilean power holding company Enersis.

The transaction price reaches 8.25bn euros (US$10.5bn), Endesa said in a filing to Spain's securities regulator CNMV. The Madrid-based group plans to refocus on the Iberian market.

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