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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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.075 | 1.20% | 6.325 | 6.29 | 6.346 | 6.348 | 6.257 | 6.273 | 22,501,932 | 17:00:00 |
From May 2019 to May 2024
By Patrick Costello
Enel SpA (ENEL.MI) said Wednesday that it increased its stake in its Chilean subsidiary Enel Americas as part of a wider bid to reduce minority interests in the company's South American subsidiaries.
The Rome-based energy company raised its shareholding in Enel Americas to 56.42% from 51.8%, it said. Enel said it paid a total of roughly 412 million euros ($464 million) for the increased stake.
The move is in line with the Enel Group's 2019-21 strategic plan, which is focused on the reduction of minorities in its subsidiaries operating in South America, Enel said.
Write to Patrick Costello at patrick.costello@dowjones.com.
(END) Dow Jones Newswires
April 10, 2019 11:35 ET (15:35 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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