Source: WebWire

Press Release: Eletropaulo : Enel reaches a 93.3% stake in Eletropaulo, consolidates its control of the Brazilian company

- Enel Sudeste acquired a further 19.9% stake in Eletropaulo in the 30 days following the completion of the voluntary tender offer, bringing its overall shareholding to 93.3% of Eletropaulo's capital from the previous 73.4% -� The consideration for the acquisition of the overall stake amounts to about 7,069 million Brazilian reais (around 1,571 million euros) -� In addition to the above consideration, Enel Sudeste has also committed to subscribe a forthcoming capital increase of Eletr...Read the full story at

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Charles Lenzi

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