E.ON AG chief executive Wulf Bernotat declined to comment on whether the utility might sell all or part of its 6.5 pct stake in OAO Gazprom in order to finance its planned 41 bln eur acquisition of Endesa SA.
During an investor relations conference call, Bernotat was asked if E.ON (nyse: EON - news - people ) would sell the stake. He said E.ON had drawn up a list of assets it might divest, but he declined to divulge its contents.
Bernotat also reiterated that E.ON has no plans to sell any of Endesa (nyse: ELE - news - people )'s assets during the course of the merger. In the presentation which accompanied the investor relations call, E.ON reiterated that 'selected asset disposals' and the 'issuance of equity linked instruments and/or equity up to 10 pct of E.ON's share capital' were still under consideration in order to finance the deal.
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