Italgas S.p.A. (IG.MI)
Milan - Milan Delayed price. Currency in EUR
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As of 03:33PM CEST. Market open.
| Previous close | 4.7620 |
| Open | 4.7620 |
| Bid | 4.8000 x 0 |
| Ask | 4.8020 x 0 |
| Day's range | 4.7620 - 4.8160 |
| 52-week range | 4.6840 - 5.5200 |
| Volume | |
| Avg. volume | 2,955,178 |
| Market cap | 3.941B |
| Beta (5Y monthly) | 0.58 |
| PE ratio (TTM) | 8.89 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 0.35 (7.39%) |
| Ex-dividend date | 20 May 2024 |
| 1y target est | N/A |
- Reuters
Italgas' main shareholder ready to support acquisition of rival
Cdp Reti, the main shareholder of Italian gas distributor Italgas, is in favour of the possible acquisition of smaller rival 2i Rete Gas and is "willing to evaluate forms of support" for the deal, it said in a statement. Italgas said on Monday it had started exclusive talks to buy 100% of 2i Rete Gas, a step that would consolidate Italy's gas distribution market. "Considering the strategic role of the infrastructure and energy sectors," Cdp Reti looks "favorably on the possibility of the transaction, ... recognizing the potential industrial value," the state-controlled holding company said.
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