MILAN (Thomson Financial) - A2A SpA may ask 1 bln eur for its 20 pct stake
in Endesa Italia from E.ON AG, the daily Finanza & Mercati said.
The idea is supported by Giuliano Zuccoli, who is expected to become A2A's
chairman, the daily said.
Because of antitrust reasons, A2A is not be allowed to appoint board members
at Endesa Italia, so Zuccoli, who initially wanted to remain a shareholder in
the affiliate, is now ready to sell the stake, according to the newspaper.
A2A's supervisory board is to meet on March 10 to appoint the group's
management board as well as propose nominations for top management positions at
the company.
The utility company is the result of the merger on Jan 1 of AEM SpA and ASM
Brescia SpA.
philip.webster@thomson.com
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