Picture of Endesa SA logo

ELE Endesa SA News Story

0.000.00%
es flag iconLast trade - 00:00
UtilitiesBalancedLarge CapValue Trap

REG-International Endesa Disposal <Origin Href="QuoteRef">ELE.MC</Origin>

Disposal

In accordance with article 228 of the Securities Market Act, Endesa, S.A. hereby reports the following

SIGNIFICANT EVENT

Endesa, S.A. has today transferred its entire shareholding in Enel Insurance B.V., which represents 50% of the share capital of this company, for a total price of Euros 114 million following the signing of a private sale contract with Enel Investment Holding B.V., a company from the same business group.

From the already described transaction, no capital gain/loss arises in the Consolidated Income Statement of Endesa.

Enel Insurance B.V. is a Dutch company which provides insurance and reinsurance services to Enel Group companies.

Madrid 24 May 2016
The Secretary of the Board

Endesa, S.A. domiciled in Madrid, C / Ribera del Loira, 60. Registered in the Madrid Mercantile Registry in Sheet M-6405 Volume 323, Page 1. Tax ID n: A28023430

International Endesa

Recent news on Endesa SA

See all news