Monday, June 12, 2006
Edenor Shareholders Approve Proposals
Shareholders of Argentine electricity distributor Edenor have approved plans to sell its shares in New York and Buenos Aires. A proposal to increase the company’s share capital was also approved as was a scheme to amend Edenor’s statutes to allow the company to enter other markets, such as the telecoms market. The public offering of shares will be used to finance the company’s investment plans to improve services and meet increasing demand over the next five years.
Technorati Tags: Argentina, Edenor, New York, Buenos Aires, Shares, Eduardo Bravo Losada, Bravo & Bravo Losada, IGAF, Accountants, CPAs, Accounting firms
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