Enercana mulls buying Edesur

Enercana mulls buying Edesur

M&A Argentina Italy Electricity

Argentine energy company Enercana is in talks to buy Edesur, one of the biggest power distribution companies in the country, a local news outlet reported on Thursday. Enercana, which is owned and run by Osvaldo Sortino, is negotiating the purchase from Italian power company Enel, the controlling shareholder of Edesur, local energy-focused news agency EconoJournal reported, citing unnamed sources. None of the parties could be reached for comment. A deal would mark the second major shakeup of the

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