Corporate Finance Elen's Financial Plan the Firm, Essay

Total Length: 321 words ( 1 double-spaced pages)

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Corporate Finance

ELEN's Financial Plan

The firm, which was conceptualized in 1944 as EMPRESA changed to Endesa, in the year 1997. In 2006-2007, both by Enel in Italy and Gas natural targeted Endesa. E.ON, located in Germany also had interest in Endesa. Despite its smaller size, Gas Natural had backup from the then socialist government. After E.ON offered 38.75 pounds to Endesa for each share, they took over the company, among others like SNET. Acciona and Enel jointly took over to control Endesa.

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Enel however was the higher bidder, with a share of 67.05% of the entire share capital. In 2009, Enel bought the shares of Acciona, assuming ownership with over 92% share capital. It was agreed that some of the assets owned by Endesa, would be sold to Acciona. According to Reuters (February, 21) The Enel Corporation was to get funding from different banks, amounting to eight billion, which was to assist in the financing of the company's deals.….....

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"Corporate Finance Elen's Financial Plan The Firm ", 22 May 2012, Accessed.21 May. 2025,
https://www.aceyourpaper.com/essays/corporate-finance-elen-financial-plan-firm-79964