BRIEF-Enel sets precise exchange ratios for Enersis Americas mergers

miércoles 25 de noviembre de 2015 03:03 GYT
 

Nov 25 (Reuters) - Enel says:

* to start negotiations with Endesa Chile to jointly develop renewable power projects in Chile

* precise exchange ratio for Latam merger set at 2.8 Enersis Americas share for each Endesa Americas share and 5 Enersis Americas shares for each Chilectra share

* following spin-offs of Chilean companies, Enersis will launch public tender offer for Endesa Americas at 236 Chilean pesos per share Source text for Eikon: Further company coverage: (Reporting by Milan newsroom)