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 ...

Markets held back by geopolitics and US data. The defense sector continues to gain ground following Trump's announcement to increase military spending to $1.500 trillion by 2027. In Milan, Italgas ...

Snam Places Exchangeable Green Bonds, Repurchases 2028 Transition Bonds. BAKU, Azerbaijan, January 8. Italian gas ...

Investing.com -- Italgas, the largest gas distributor in Europe, reported on Wednesday a 6% year-on-year increase in adjusted core profit for the first quarter. The adjusted earnings before interest, ...

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, ...

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 ...

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 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 ...