ENDESA to Sell Enditel to Ericsson for Euro 4.7 Million; The Sale...
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ENDESA (NYSE:ELE) has reached a deal to sell Ericsson Spain 100% of its wholly owned subsidiary Enditel Ingenieria for Euro 4.7 million.
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Just when E.ON thought its long-planned takeover of Endesa was finally in the bag, its dream of creating a European giant appeared under threat again on Wednesday when Italian rival Enel said it was building up a major stake in the Spanish electricity utility.
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Enel acquista Ipse e le sue frequenze Umts per 792 milioni di euro. Due frequenze rimaranno ad Enel, la terza sarÃ  ceduta a Wind. Si parlava fino alla settimana scorsa di una cessione di Wind da parte di Enel.
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BT Group Plc, the UK&#39;s largest phone operator, agreed to sell its stake in Eutelsat SA for 363 million pounds ($685 million) in cash, marking the company&#39;s exit from the satellite operating business.
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Dutch retailer Ahold has sold its network of about 600 Spanish retail stores to private equity group Permira. The two parties valued the deal at 685m euros ($850m; Â£472m).
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Stake in Deutsche Telekom AG may be sold by Germany for â¬4.45 billion ($5.5 billion) as EU faces finance deficits and seeks for the ways to resolve the problem.
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STOCKHOLM (Dow Jones)--Expectations for Telefon AB LM Ericsson&#39;s (ERICY) third-quarter performance imply that while sales of mobile telephony equipment are expected to have dipped, the company
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The Spanish regulator CNE is to impose conditions on the joint takeover of Spain&#39;s biggest electricity group Endesa by Italian energy group Enel and Spanish construction company Acciona, a Spanish newspaper reported on Wednesday.
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France launched the sale of at least 9.6 per cent of France Telecom, a move that could raise up to $7.1 billion US that will be used to help the French government reduce its national debt.
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EON chief executive Wulf Bernotat has urged Endesa shareholders to vote in favour of lifting a cap on voting rights, saying that if not the German utility would drop its takeover offer of more than 41 billion euros (55 billion dollars) for the Spanish firm.
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Germany is selling a E4.45 billion (R36.12 billion) stake in Deutsche Telekom, making it the fourth European government to sell state assets in the past six weeks
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Germany is selling a E4.45 billion (R36.12 billion) stake in Deutsche Telekom, making it the fourth European government to sell state assets in the past six weeks to help reduce a deficit that exceeds EU limits ...
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The French telecommunications operator France Telecom wants to buy the 46 percent of business telecom-services unit Equant it does not already own, marking another step in its general integration strategy.
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Italy will raise 7.64 billion euros ($9.8 billion) from the sale of 19 percent of Enel SpA, the country&#39;s biggest power company, after banks agreed to buy shares held to meet excess demand.
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Italy will raise as much as 7.6 billion euros ($9.6 billion) selling shares of Enel SpA, Italy&#39;s biggest power company, making the offer the world&#39;s biggest stock sale this year.
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France launched the sale of at least 9.6 percent of France Telecom, a move that could raise up to 5.8 billion euros ($7.1 billion) that will be used to help the French government reduce its national debt.
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E.ON, Germany's largest power producer, has said it plans to submit its final offer for Spanish electricity utility Endesa after rival bidder Gas Natural dropped out of the race.