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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Enel Spa | BIT:ENEL | Italy | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.07 | 1.16% | 6.13 | 6.081 | 6.14 | 6.136 | 6.061 | 6.108 | 28,874,887 | 17:00:00 |
From Apr 2019 to Apr 2024
By Alberto Delclaux
Both Enel SpA (ENEL.MI) and Iberdrola SA (IBE.MC) have received the greenlight from Brazil's antitrust agency CADE for their rival bids targeting Eletropaulo Metropolitana Electricidade de Sao Paulo S/A (ELPL3.BR), according to regulatory filings.
with the Administrative Council for Economic Defense show.The tender will take place June 4, while the deadline to amend the existing bids is Thursday next week. The board of Eletropaulo has until May 30 to give an opinion on the offers.
Enel's bid at 32.2 Brazilian reais ($8.73) a share is slightly higher than Iberdrola's, which is offering BRL32.1 a share through its Brazilian subsidiary Neoenergia S/A (NEOE3B.SM).
Write to Alberto Delclaux at alberto.delclaux@dowjones.com
(END) Dow Jones Newswires
May 18, 2018 03:57 ET (07:57 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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