The UK Competition and Markets Authority (CMA) approved Iberdrola SA’s (<a href="https://www.bolsasymercados.es/bme-exchange/es/Mercados-y-Cotizaciones/Acciones/Mercado-Continuo/Ficha/Iberdrola-ES0144580Y14" target="_blank">BME:IBE</a>) GBP 2.1 billion (USD 2.72bn/EUR 2.5bn) acquisition of an 88% stake in UK power network operator Electricity North West (ENW), the Spanish utility said on Thursday.