Spanish courts have removed the final legal obstacles to the presentation of takeover bids for Endesa. Madrid judges lifted an injunction against the gas supplier Gas Natural on Wednesday, six days after the Supreme Court also removed the injunction, therefore unblocking Gas Natural's EUR 21 bn cash-and-share offer to Endesa shareholders presented in September 2005. The court decree was very critical with the electricity company Endesa, as said the company 'make use of all it could against Gas Natural's operation'.
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