Enron Mail

From:rod.hayslett@enron.com
To:legal <.schuler@enron.com<
Subject:RE: Approvals for Philippines Transaction
Cc:mariella.mahan@enron.com, e..sommers@enron.com
Bcc:mariella.mahan@enron.com, e..sommers@enron.com
Date:Tue, 13 Nov 2001 09:48:11 -0800 (PST)

Can you help us here?

For Mariella and Jeff: Has this divestiture been to RAC? It will need to go, and probably sonner rather than later.

-----Original Message-----
From: Mahan, Mariella
Sent: Tuesday, November 13, 2001 11:44 AM
To: Sommers, Jeffrey E.; Hayslett, Rod
Subject: Approvals for Philippines Transaction

I have a quick question here:

In the LOI with the GoPhil., parties are required to show BoDirectors approval for the transaction. This transaction will net to Enron approx. $100 million. This is a divestiture and I don't know how we are handling approvals for that. Can you help me understand the approval process and whether given such the Dec 1 deadline will be an issue? I would think not but wanted to check.
Thanks