Italgas maintained strong cash flow generation during the period, with operating cash flow increasing by 39.6% to €739.0 million. This robust cash generation covered capital expenditures and most of ...
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 ...
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 ...
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 ...
Italgas (BIT:IG) has caught the eye of many investors lately, with its stock making moves that seem to ask whether a deeper story is unfolding beneath the surface. There has been no headline-grabbing ...
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 ...
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, ...
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).
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.
Deutsche Bank analyst James Brand downgraded Italgas (ITGGF) to Hold from Buy with a price target of EUR 10.30, up from EUR ...
ATHENS, Sept 1 (Reuters) - Italgas IG.MI said on Thursday it had concluded the acquisition of Greek gas grid DEPA Infrastructure from Greece's privatisation agency and Hellenic Petroleum HEPr.AT. The ...