We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Raiding the piggy bank(s)

28 September 2006 By Fiona Maharg-Bravo

Quite easily. E.on can raise most of the E37bn cash it needs to take over Endesa by piling on more debt and still keep a singleA rating. The Germans should be able to make up the balance with a rights issue, asset sales and, possibly, hybrid capital.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)