Endesa: Joint Venture mit Commerce One und Price Waterhouse - 500 Beiträge pro Seite | Diskussion im Forum

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Wie heute bekannt wurde, wollen Endesa SA, Commerce One und Price WaterhouseCoopers ein Joint Venture mit einem Marktkapital von 2,4 Mrd. Pesetas gründen sowie eine Internet-Handelsplattform für Elektrizität, Wasser und Gas für die Märkte Spaniens und Lateinamerikas betreiben.

Während der spanische Stromproduzent Endesa 78 Prozent der Anteile an dem neuen Unternehmen halten wird, entfallen zwölf Prozent auf Price WaterhouseCoopers und zehn Prozent auf Commerce One. Den Planungen zufolge sollen alle Einkäufe von Endesa, die sich auf jährlich 1,8 Mrd. Euro belaufen, ab Juni 2000 über das Gemeinschaftsunternehmen abgewickelt werden.

Das Papier von Endesa gewinnt 1,05 Prozent und legt auf auf 19,20 Euro zu.

[Artos]

Hallo,
ich habe erst kürzlich Endesa entdeckt und denke, dieser Werte könnte dieses Jahr noch sehr interessant werden (s.u.). Mit einem KGV von ca. 18 ist er noch sehr günstig bewertet. Endesa entwickelt sich zu einem Global Player mit viel Internetphantasie und ist noch ziemlich unentdeckt.
Infos gibt es u.a. bei yahoo-Finanzen, Comdirect-Trading News, Multex Investor, etc. mit Buy-Empfehlungen.
Gruß, Artos



Tuesday February 22, 10:41 am Eastern Time
Company Press Release
Endesa and Commerce One, World Leader in B2B E-Commerce, are to Set Up a Company Which Will Develop B2B in Spain and in Endesa`s Areas of Business in Latin America and Europe
- The agreement involves the incorporation of a company in which Endesa will be the majority shareholder and in which PricewaterhouseCoopers Consulting will also be a shareholder.
MADRID--(BUSINESS WIRE)--Feb. 22, 2000-- - This agreement complements Endesa`s solid position in the

telecommunications sector and enhances its presence, both in

Spain and Latin America, in businesses linked to the new

technologies with the highest future potential.

ENDESA (NYSE:ELE.N - news) has signed an agreement with Commerce One, Inc. world leader in e-business, and with PricewaterhouseCoopers Consulting for the incorporation of a company which will develop business to business (B2B) e-commerce in Spain and its international areas of business (Europe, Latin America and Northern Africa). This initiative is oriented to giving value to its markets of companies, suppliers and current and potential customers. Endesa, through this portal, will also integrate its portfolio of services.

With this aim, Endesa, Commerce One and PricewaterhouseCoopers Consulting have signed a alliance in San Francisco.

The shareholders of this newly established company will be Endesa, with a majority stake, Commerce One, Inc. and PricewaterhouseCoopers Consulting.

Once again Endesa shows its ability and will to cement its presence in the new technologies sector, a market with an important potential for development and growth. This move marks a milestone in Endesa`s strategy towards an active involvement in the Internet business, allowing the development of an open market and offering all the advantages of e-business on a global scale.

Thanks to the alliance with Commerce One, this new company will be Spain`s sole corporation with the possibility to access the Global Trading Web, which will allow the link of the Spanish Market Place with a Global Market Place created by Commerce One`s different alliances in several countries. Through the portal set up by the new company, participating companies and organizations will be able to interact with the companies that participate in other portals set up by other leading industrial corporations in the world. Additionally, Endesa becomes part of a world class group of companies which have set up strategic alliances with Commerce One and which carry out B2B transactions through the Web. This will allow Endesa to profit from future relationships with new participants and suppliers, such as British Telecom, NTT, General Motors, Shell, Deutsche Telekom, Banamex, Suisse Telecom, among others.

The new company will be fully operational before June 2000. Its flotation is intended for this year.

The company intends to launch a first series of operations during the next forty days. They will consist of the management of auctions of products and services among Endesa and an initial group of suppliers.

On a short term basis, Endesa estimates that this new company will manage over 13 million orders comprising over 1.7 million references.

Objectives for Endesa and its partners

The main objective is the operation and development of an internet-based business community in which participating companies will be offered the possibility to:

- trade their products and services - optimize their processes and reduce the procurement costs by

having access to homogeneous product and services catalogues - access logistics and payment services - access auctions for products and materials all over the Web

As for Endesa and its affiliates, the new company will enable further savings both in costs and in administrative procedures for their procurement activities. It will also allow for the globalization of procurements by linking the purchases in Spain, Europe, Latin America and Northern Africa.

Commerce One, leader in e-trade

The Endesa/Commerce One alliance puts together two leaders in their respective activities.

Commerce One is the world leader in the supply of e-commerce solutions for real-time trading. Its stock enjoyed the highest revaluation in 1999 among the group of internet-related companies (1,000% since its IPO in June 1999 in NASDAQ).

The organization consists of several interactive portals, which make the so-called Global Trading Web. They allow internet-based trading among companies all over the world, among which leading US and European companies are to be found.

The other partner, PricewaterhouseCoopers Consulting, is the leader in the implementation of e-business strategies and solutions, with over 30,000 consultants in offices in over 152 countries.

Endesa in the markets for telecommunications and new technologies

Endesa has been a pioneer in the new technologies through its participation in important telecoms operators such as Retevisión (29% share), Amena (23% share) and the various cable TV franchises which give it the leading position in Spain. Endesa, being fully aware of the potential offered by the new technologies, had already set up VIPWEB, a technological solution that allows internet-based transactions with the suppliers , which allows internet-based transactions with the suppliers which is fully interconnected with the administrative system of all the group companies (SIE 2000).

Endesa is one of the world`s leading electric utilities with over 22 million customers in 13 countries. It is the leading Latin American electric utility and has recently focused its attention towards Europe, fostering initiatives such as the Amsterdam Power Exchange and the Polish wholesale electricity market and striking agreements with Morgan Stanley Dean Witter for the trading and wholesale selling of electricity in Europe.

Business to Business (B2B) e-trade

This is an electronic market in which companies are able to carry out their procurement activities and have access to other value-added services such as auctions and advertising. This solution allows for a reduction of operational costs and an increase in efficiency through the automation of product and services chains. As a result of the above, companies obtain important competitive advantages.

In 1999, B2B e-trade showed a total turnover of US$ 90 billion in the US. In this country alone turnover is expected to rise to US$ 1.4 trillion in 2003. Recent studies estimate that in two years` time 82% of large corporations will carry out their purchases through this system. Also in accordance with the abovementioned studies, utilities are expected to lead e-trade in the year 2003, with an estimated 26% of all the transactions involved.

For additional information, contact , North America Investor Relations Office at 212/750-7200. http://www.endesa.es


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Contact:

Endesa, North America Investor Relations Office
212/750-7200
www.endesa.es