Enel to place initial 17 pct of Endesa, could be raised to 22 pct
November 05, 2014 at 02:10 AM EST
MILAN, Nov 5 (Reuters) - Italian utility Enel said on Wednesday it would place on the market an initial 17 percent stake in Endesa, that could be raised to a maximum 22 percent as it seeks to increase the Spanish unit's free float and cut its own debt.