Edison, Energean agree to further reduce upstream asset deal
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MILAN (Reuters) - Italy's Edison said on Monday it would exclude its Norwegian unit from a sale of upstream operations to Energean , having earlier dropped its Algerian unit from the planned sale.Energean last year agreed to buy the oil and gas operations for up to $850 million but Edison said the latest amendments to the deal had reduced the enterprise value of the assets to be sold to $284 million.A unit of French state-controlled utility EDF , Edison said it would retain control of Edison..