Acciona, a Madrid-based construction group, has announced to Spanish stock exchange authorities that the company will actively oppose the takeover bid made by Germany's E.ON group for Endesa, Spain's second largest electricity company. The offer of EUR 35 a share values Endesa at EUR 37.1 bn, which is 'highly inadequate', Acciona stated in a press release.
German-listed real estate company Branicks Group has sold a retail property in Bremen city centre to municipal urban developer Brestadt for €37.2 mln.
