Italian Utility Enel Says Sale of Stake in Endesa Raised $3.9 Billion by STANLEY REED

By STANLEY REED

The company said that the 22 percent stake was priced at 13.50 euros per share, slightly less than Endesa’s closing price on Thursday, and that the money would be used to reduce its own debt.

Published: November 21, 2014 at 12:00AM

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