cerna centre d économie industrielle ecole nationale supérieure des mines de paris 60 bld st michel 75272 cedex 06 tel 33 01 40 51 90 91 71 fax 44 07 10 46 leveque ensmp fr http www mergers and acquisitions in the european electricity sector cases patterns marc kévin codognet jean glachant françois lévêque et marie anne plagnet report surveys 96 m&as eu from january 1998 to august 2002 are described part i ii was prepared for second edition of international symposium on september 23 2 table contents m&a ___________________________________________________________ 3 e _________________________________________________________________________ 6 powergen ____________________________________________________________________ 20 rwe ________________________________________________________________________ 22 national power ________________________________________________________________ 31 innogy _______________________________________________________________________ 34 electricité france edf ______________________________________________________ 37 edison 45 enbw 49 electricidade portugal edp ___________________________________________________ 54 suez_________________________________________________________________________ 57 endesa_______________________________________________________________________ 63 enel 69 vattenfall bewag 80 hafslund asa_________________________________________________________________ 82 fortum 85 statkraft _________________________________________________________________ british
