Article: Argentina: E.ON will operate in the local gas market.

Argentina, Apr 10, 2001

E.ON the company which leads the electricity market in Germany will start business in Argentina through an international operation. The German group confirmed the payment of US$14,000mil cash to acquire the British company Powergen. Through this operation E.ON will start operating in the gas distribution business in Argentina through the acquisition of Powergen's shares of Gas Natural BAN, Distribuidora de Gas del Centro and Distribuidora de Gas Cuyana. Last year, the American LG&E (which had a minor share in Gas Natural and in Distribuidora de Gas Cuyana, and ...

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