George Clooney is adapting the West End stage play Enron for the big screen, reports The Observer.

Playwright Lucy Prebble is writing the screenplay, to be produced by Laura Ziskin.

George Clooney will co-produce the film and is also likely to direct, however, it is not clear whether he will appear on screen.

The play recounts the spectacular decline of the energy company, once the seventh largest US corporation.

No production date has been set.

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