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| Name | Symbol | Market | Type |
|---|---|---|---|
| Enel Chile SA | NYSE:ENIC | NYSE | Depository Receipt |
| Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 2.78 | 2 | 11:13:18 |
From Jul 2022 to Jul 2024
By Cristina Roca
Enel SpA has agreed to sell its Chilean electricity transmission business for $1.35 billion, it said Thursday.
The Rome-based energy company's listed Chilean subsidiary agreed to sell its 99.09% stake in Enel Transmision Chile to Sociedad Transmisora Metropolitana SpA and its controlling company Inversiones Grupo Saesa Ltda.--Chile's second-largest electricity distributor by geographic coverage.
The deal implies an enterprise value of $1.53 billion for the business, subject to adjustment.
STM plans to launch a full takeover bid, after which it will repay the business's intercompany loans.
Write to Cristina Roca at cristina.roca@wsj.com
(END) Dow Jones Newswires
July 28, 2022 11:53 ET (15:53 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
1 Year Enel Chile Chart |
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