Italgas (OTCPK:ITGGF) said Saturday it will acquire 2i Rete Gas for 5.3B euros ($5.8B), including debt, according to media reports. The deal’s equity value is 2.06B euros, and 2i Rete Gas’s net ...
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Italgas is the largest gas distributor in Europe. Its strong regional focus and minimal impact from global trade tensions make it a defensive investment. It has proven to be a resilient company with ...
MILAN (Reuters) -Italgas, Europe's biggest gas distributor, said on Monday that it started exclusive talks to acquire smaller rival 2i Rete Gas. A merger between the two would be a major step in the ...
The Italian gas distribution network operator Italgas SpA has received a one-month delay for the sale of assets related to the takeover of competitor 2i Rete Gas for 5 billion euros ($5.8 billion).
ROME (Reuters) -Europe's biggest gas distributor Italgas is planning to raise around 1 billion euros ($1.1 billion) in capital to finance the acquisition of its main domestic rival 2i Rete Gas, ...
Is Italgas S.p.A. (BIT:IG) a good dividend stock? How can we tell? Dividend paying companies with growing earnings can be highly rewarding in the long term. Yet sometimes, investors buy a popular ...
Investing.com -- Shares of Italgas (MIL:IG) inched higher by 1.1% as the company reported its 2024 results, surpassing Bloomberg consensus estimates with an EBITDA of €1.351 billion compared to the ...
Italy's largest gas distributor, Italgas, has agreed to acquire smaller competitor 2i Rete Gas in a 5.3 billion euro deal, including debt. This merger will create a leading European gas distributor.
Italgas outbid Czech group EP Investment Advisors in a tender for the sale of Greece's state-controlled gas distribution network, DEPA Infrastructure, Greek energy news site energypress.eu reported on ...
MILAN, Oct 5 (Reuters) - Italy's biggest gas distributor Italgas said on Saturday it had agreed to buy smaller rival 2i Rete Gas in a 5.3 billion euro ($5.8 billion) deal, including debt. A merger ...