Printed below is an English translation of an article published today by the Dutch Financial Times, Financieele Dagblad.
Total may challenge Shell in violation of the acquisition of energy company Eneco
From our Editor
The French energy group Total is considering making an offer for the Dutch energy company Eneco. The financial press agency Bloomberg reports this on the basis of information from insiders.
Total would already have counsellors in hand to study the pros and cons of a bid. If the French continue this plan, they may expel Shell who has publicly announced that they want to acquire Eneco.
About three weeks ago, it became known that the British-Dutch oil and gas multinational and pension provider PGGM wanted to bid together for Eneco, one of the three major energy companies in the Netherlands. The combination was the first party that had publicly announced its interest.