endesa

EON takes big charge for devalued EU assets
EARNINGS

EON takes big charge for devalued EU assets

EON to pay €11.8 billion for Endesa assets
ENERGY

EON to pay €11.8 billion for Endesa assets

The German energy group EON is to pay €11.8 billion for energy assets in France, Italy and Spain as part of a deal that ended its bid for the Spanish group Endesa, EON said on Friday.