MADRID, Feb 27 (Reuters) - Spanish conglomerate Acciona has hired a bank to analyse options for its energy business, Chief Executive Jose Manuel Entrecanales said on Friday. The group has been
Acciona hires bank to analyse options for its Acciona Energia unit
Acciona reviews strategic alternatives for Acciona Energia
Bank engaged to analyse options
MADRID, Feb 27 (Reuters) - Spanish conglomerate Acciona has hired a bank to analyse options for its energy business, Chief Executive Jose Manuel Entrecanales said on Friday.
Potential paths for Acciona Energia
The group has been considering potential options for Acciona Energia, in which it has a more than 90% stake. Entrecanales had previously said that potential options include a delisting, a merger or the status quo.
Public listing versus alternatives
There is an "intrinsic value" in keeping the energy business listed, he said in a call after the company's results, adding that all options are analysed constantly.
Ongoing evaluation process
"We have retained a bank to help us in that process of analysing all the different alternatives," he said.
(Reporting by Pietro LombardiEditing by David Goodman)
