BUSINESSWEEK ONLINE : JUNE 19, 2000 ISSUE
INTERNATIONAL -- LATIN AMERICAN BUSINESS AES Corp.'s Latin Raid THE TARGET Grupo La Electricidad de Caracas (EDC), Venezuela's largest publicly traded utility, with $840 million in sales THE OFFER A hostile bid of $1 billion for a minimum 45% stake in the company--a 100%-plus premium over pre-offer share prices THE CONSEQUENCES The AES bid may open the way for takeovers of other undervalued companies trading on the Caracas stock exchange DATA: Business Week _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _					RELATED ITEMS Yanqui Raider, Go Home (int'l edition) TABLE: AES Corp.'s Latin Raid INTERACT E-Mail to Business Week Online

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