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Endesa Tweaks Enersis Follow-on

Dec 10, 2012

Spain’s Endesa has set new terms for the controversial equity follow-on it has been preparing for its Enersis unit, resulting in a new CLP2.84trn ($5.96bn) valuation size that pleases Chile’s pensions. The electricity holdco plans to offer...

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The most pressing issue is related to guaranteeing this growth of the system, the savings. We have to guarantee that this growth is followed by better asset managers on the side of the Afores.

Carlos Ramírez, Mexico’s pension regulator, Consar


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