French utility group Electricite de France (1024251.FR)has been asked by the Spanish market regulator to clarify its intentions regarding a possible bid for Spanish power firm Iberdrola SA (IBE.MC) in the coming days, business daily Les Echos reports Tuesday.
French utility group Electricite de France (1024251.FR)has been asked by the Spanish market regulator to clarify its intentions regarding a possible bid for Spanish power firm Iberdrola SA (IBE.MC) in the coming days, business daily Les Echos reports Tuesday.
According to Les Echos, sources close to EdF think launching a bid in the near term would be "completely awkward."
EdF Chief Executive Pierre Gadonneix confirmed last week that his company could be interested in bidding for Spain's Iberdrola.
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