Reports Enel SpA Chairman (EN) Denies Rumors the Company Could Bid for Suez (SZE)
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Enel SpA Chairman (NYSE: EN) says rumors the company will make a EUR33 per share bid for Suez (NYSE: SZE) are 'Totally Groundless'. However, there is speculation that Gazprom OAO, which operates one of the largest pipelines systems in the world and is responsible for almost all gas production in Russia, could be involved in a joint offer. - Marketwatch
Also, the European Commission has launched an in-depth probe into Suez's recent merger with Gaz de France, citing significant antitrust concerns.
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