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Spain's Solbes says no contact with France on EDF

Mon Feb 4, 2008 2:27pm EST

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PARIS, Feb 4 (Reuters) - Spanish Finance Minister Pedro Solbes said he has had no official contact with the French authorities on EDF's (EDF.PA) plans to enter the Spanish market, according to an interview Solbes gave to a French newspaper.

"According to various information, the French president and the Spanish prime minister may have exchanged viewpoints on the interest that EDF has in the Spanish market, which is possible," Solbes told La Tribune newspaper, according to extracts released on Monday evening.

"But I have had so far no official contact with the French government on this subject. If the case presented itself, we would study it," he added.

Last week, the Financial Times reported that EDF was in talks with ACS (ACS.MC), which owns 13 percent of Iberdrola, about making a bid to buy and divide Spain's largest utility.

A spokesman for French President Nicolas Sarkozy has said that Paris had informed Madrid of EDF's interest in the Spanish power market.

(Reporting by Marie Maitre)



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