A Valuation of Endesa (Una ValoracióN De Endesa, Enero 2006)

Abstract:     
This paper contains three articles published in the economic newspapers Expansion, La Gaceta de los Negocios and Cinco Dias about the value of the shares of Endesa.

On January 6 and on January 18, 2006, we published that the value of a share of Endesa was 28 euro. On February 21, E.ON offered 27,5 euro per share of Endesa.

The paper also contains the main hypothesis and inputs of our valuation.

Note: Downloadable document is in Spanish.

Keywords: Endesa, E.ON, Gas Natural, valuation, OPA

JEL Classifications: G12, G31, M21

Working Paper Series