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Italgas
M&A Activity • May 13, 2024
4178_tar_2024-05-13_d0105d6e-35fa-4ad4-871a-54fc64d47375.pdf
M&A Activity
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| Informazione Regolamentata n. 0167-48-2024 |
Data/Ora Inizio Diffusione 13 Maggio 2024 19:28:07 |
Euronext Milan | |
|---|---|---|---|
| Societa' | : | ITALGAS | |
| Identificativo Informazione Regolamentata |
: | 190574 | |
| Utenza - Referente | : | ITALGASN01 - Scaglia | |
| Tipologia | : | 2.2 | |
| Data/Ora Ricezione | : | 13 Maggio 2024 19:28:07 | |
| Data/Ora Inizio Diffusione | : | 13 Maggio 2024 19:28:07 | |
| Oggetto | : | Italgas: start of a period of exclusivity for the acquisition of 100% of the share capital of 2i Rete Gas |
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| Testo del comunicato |
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Press Release
Italgas: start of a period of exclusivity for the acquisition of 100% of the share capital of 2i Rete Gas
Milan, 13th May 2024 – Italgas announces that, further to the submission of a non-binding offer for the acquisition of the entire share capital of 2i Rete Gas S.p.A ("2i Rete Gas"), the shareholders F2i SGR S.p.A and Finavias S.à r.l. have granted Italgas an exclusivity period to perform due diligence with the objective to submit a binding offer for the acquisition of 100% of the share capital of 2i Rete Gas.
Should a binding agreement be entered into, Italgas will finance the acquisition via a bridge credit facility, underwritten by J.P. Morgan, which could be refinanced through a combination of equity, debt or equity like instruments, with the objective of maintaining the current rating profile of Italgas. Final terms and conditions of the refinancing will be announced to the market upon finalization of the binding agreement.
J.P. Morgan is acting as Financial Advisor and Legance – Avvocati Associati is acting as legal advisor of Italgas.
This press release is available on the following website: www.italgas.it
Investor Relations Italgas +39 02 8187 2175 [email protected]t
Italgas Press Office +39 02 8187 2020 [email protected]