ROME (dpa-AFX) - Enel S.p.A. (EN, ENLAY.PK) said it has begun the disposal of a maximum of 102.38 million ordinary shares, equal to 5.1% of share capital, of Terna S.p.A. via. an accelerated book building procedure. The sale, involving the whole interest held by Enel in Terna, whose shares are traded on the Mercato Telematico Azionario or 'MTA', would be made with Italian and international institutional investors. Enel has engaged Banca IMI, J.P. Morgan, Mediobanca and Unicredit as joint bookrunners for the placement.
Copyright RTT News/dpa-AFX
