MADRID, Feb. 15, 2008 (Thomson Financial delivered by Newstex) -- EDF plans to acquire a 25 pct stake in Iberdrola SA (OOTC:IBDSF) (OOTC:IBDRY) after Spain's general elections on March 9, El Confidencial reported, citing unnamed sources.
Combining this holding with Actividades de Construccion y Servicios SA's direct and indirect stakes of around 12 pct and other core shareholder's Basque saving bank BBK's about 7 pct, the website said the predators would have enough of a controlling stake to oust Iberdrola chairman Ignacio Sanchez Galan.
BBK has been cited recently as saying that its stake in Ibedrdrola is 'strategic,' and the Basque savings bank has always been considered as a staunch supporter of Galan.
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Voice Your Choice Say NO to Overhead Power Lines
OUR MISSION STATEMENT:
The mission of our association is to promote, protect and preserve the picturesque area that surrounds South Bristol and the Naples Valley. By doing so, we hope to support one of our region’s strongest economic assets – the scenic hillsides and natural beauty of the landscape.
We currently oppose the installation of a 100-foot wide swath of power lines 16 miles long, 65 feet in the air. We believe this RG&E-NYSEG plan risks harming an already weak economy and poses a threat to the environment.
HOW YOU CAN HELP
You can help! Stand with us. Act now.
Tell RGE-NYSEG to find a better solution.
If you care about the look, feel and future of the Naples Valley and the Bristol Hills, please join us.
All are welcome to join Naples Valley Bristol Hills Association in our mission to protect the Naples Valley and Bristol Hills. To join our association or for more information, please contact us at: nvbhagroup@gmail.com
Tell RGE-NYSEG to find a better solution.
If you care about the look, feel and future of the Naples Valley and the Bristol Hills, please join us.
All are welcome to join Naples Valley Bristol Hills Association in our mission to protect the Naples Valley and Bristol Hills. To join our association or for more information, please contact us at: nvbhagroup@gmail.com
We love this area and want to preserve its beauty and value. Many of us call this area home. Some of us grew up here and many are raising our families here. Others have moved here for the quality of life or to enjoy a second home. For many thousands more, Naples and the Bristol Hills are a place to come to spend a day or more — for fishing, camping, skiing, hiking, hunting or just enjoying a drive in the country with a stop for grape pie.
Sunday, February 17, 2008
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