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Enel Sells $3.91 Billion Endesa Stake


Enel Sells $3.91 Billion Endesa Stake Italian Utility Unloads 21.92% Tranche of Shares in Spanish Unit .



By CHRISTOPHER BJORK MADRID—Italy’s Enel SpA has raised €3.13 billion ($3.91 billion) from the sale of a large stake in its Spanish power utility Endesa SA to institutional and retail investors.
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