Italy's largest utility Enel, Italian regional utility ASM, and French electricity provider Poweo are understood to have placed bids for a 35% stake in la SNET, France's third largest electricity provider.

Les Echos reports Enel has made the highest bid at €300m for the stake owned jointly by Electricite de France and Charbonnages de France.

Nathalie Boschat

Electricite de France

Enel

Poweo

Endesa

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