Enel SpA (ENEI.MI)
MILAN, March 23 Telecom Italia is looking for a partner to help fund its broadband business in non-economically viable areas of Italy as it gears up to compete with utility giant Enel.
ROME, March 18 The Italian Treasury on Saturday proposed that veteran banker Alessandro Profumo be named the new chief executive of defence and aerospace company Leonardo , in a round of new appointments at state-controlled firms.
MILAN Italy's biggest utility Enel said any major deals in the European industry would have to wait until new industry rules were in place after elections this year in France and Germany.
* Enel M&A will be in 1-1.5 bln euro range (Adds CEO later comments, analyst, shares)
* large-size M&A deals are potentially value destructive deals, "we don't like them"
* sees potential merger and acquisition (M&A) opportunities in Europe after the French and German elections
March 8 Borja Prado, chairman of Enel's Spanish unit Endesa, says in an emailed comment:
MILAN, March 8 Italian utility Enel denied on Wednesday a press report regarding the possible sale to investment funds of its controlling stake in Spanish unit Endesa.
(The following statement was released by the rating agency) LONDON, February 09 (Fitch) Fitch Ratings has affirmed Telecom Italia S.p.A's (TI) Long Term Issuer Default Rating (IDR) at 'BBB-'. The Outlook is Stable. A full list of rating actions is at the end of this commentary. TI's rating takes into account the progress the company has made in stabilising its domestic operations, improving cash flow performance and bringing leverage back below Fitch's downgrade threshold. We believe TI's a
MILAN, Jan 24 OpEn Fiber (EOF), a company jointly owned by Enel and Italian state lender CDP, has emerged as the top bidder in all batches of an Italian broadband tender, but the offer presented has been judged as "anomalous", two sources close to the matter told Reuters on Tuesday.