--State-owned China Southern Power Grid Co. is weighing a binding bid to acquire Enel SpA's power distribution assets in Peru, Bloomberg reports, citing sources familiar with the matter.
--The Rome-based energy company's Peruvian distribution operations could be valued at around $3 billion, according to the news outlet.
--China Southern Power Grid is working with a financial adviser after entering a second round of bidding, Bloomberg reports, adding that there's no certainty the firm will proceed with an offer.
Full story: https://bloom.bg/3IujYhw
Write to Giulia Petroni at giulia.petroni@wsj.com
(END) Dow Jones Newswires
02-24-23 0638ET