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The acquisition of 30% of SNET is conditioned upon Endesa's being able to carry out, through SNET, its industrial development plan in France, which includes the possibility to increase its stake in the medium term to reinforce the co-operation with the company. The General Management Committee has therefore been charged with drawing up and presenting to the Strategy Committee and the board of directors an ambitious industrial development plan for the entire Tractebel Group. |
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