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Enel SpA Announces Capital Increase by Endesa SA's Enersis SA


Friday, 21 Dec 2012 07:00am EST 

Enel SpA announced that the Extraordinary Shareholders’ Meeting of Enersis, a Chilean company controlled by Endesa through its wholly-owned subsidiary Endesa Latinoamerica, approved with a majority of 86% of the share capital, the capital increase proposed by Endesa that provides for the issue of a maximum of 16,441,606,297 new Enersis shares at a subscription price of 173 Chilean pesos per share, corresponding to a total of around 5,995 million USD dollars (Chilean pesos/USD dollars exchange rate at December 20, 2012). 

Company Quote

3.852
0.026 +0.68%
11:35am EDT