Endesa considers Latin America restructuring

Thursday, July 31, 2014

Spain's Endesa is considering rearranging its Latin American business structure, a company statement said.

Italian power company and Endesa subsidiary Enel submitted a proposal to acquire Endesa's Latin American division.

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Under the terms, Enel would acquire Endesa's stake in Chilean power holding company Enersis. The deal is scheduled for Q4, the statement said.