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Business deals

Chinese utility will need more than high bid to win Portugal's EDP

Three Gorges group faces resistance from shareholders, public and other governments

EDP operates power plants and facilities in 14 countries such as this thermal power plant in Soto De Ribera, Spain. (Courtesy of Energias de Portugal)

LISBON -- Portugal may be willing to allow a Chinese state-owned enterprise to take over the country's main power company, but the deal could still be thwarted by other governments which may find allies among the directors and shareholders of Energias de Portugal and even among the groups supporting the governing Socialist Party.

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