Italy's Enel expects to sell Romania business before end-June, its CEO says

A sale of Enel's Romanian assets is moving "in the right direction" and it expects a deal before the end of June, the chief executive of the Italian power utility said on Tuesday, Reuters informs.   The sale of the business in Romania is part of Enel's strategy to reduce net debt to 51-52 billion euros ($55 billion to $56 billion) at the end of this year from a peak of nearly 70 billion euros reached at the end of ...

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