





EC approves Enel and Endesa assets takeover by E.ON
The Commission also approved the acquisition of Spanish company Viesgo by E.ON. “E.ON will control Viesgo, Endesa Europe - which controls the Endesa affairs in France, Poland, Italy and Turkey, as well as several smaller businesses Endesa has in Spain", an European Commission report indicates.
Enel, the fourth largest energy company in Europe, bought Endesa together with Acciona, for 42.5 billion euro, in 2007. Later, Enel and Acciona decided to sell some of the assets held in Spain, Italy and France to E.ON.