By Giulia Petroni 
 

Enel SpA (ENEL.MI) said Thursday that it aims to increase its stake in its subsidiary Enel Chile SA (ENELCHILE.SN).

The Rome-based energy company said it has entered into two share-swap transactions with a financial institution--which it didn't name--to increase its shareholding in the Chilean company by up to 3%. Enel currently holds a 61.9% stake in the company.

 

Write to Giulia Petroni at giulia.petroni@wsj.com

 

(END) Dow Jones Newswires

December 05, 2019 03:00 ET (08:00 GMT)

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