The company E.on has given up.The battle to take over the Endesagroup is over.The entrance of Acciona and Enel has rendered their final aim to obtain a majority in Endesa impossible.However E.on has reached an agreement with Acciona and Enel by which E.on will take over Endesas activities in Italy and France.
Enel will give up its participations in Poland and Turkey, and will hand over the spanish power supplies Viesgo(cantabria) to E.on.Endesa will be split up and E.ons share price is already climbing rapidley.