(Il Sole 24 Ore Radiocor) – Milan, 28 August – Among the other Ftse Mib stocks, utilities stand out. In particular, A2A closed up 2.03%, after receiving the Antitrust approval for the acquisition of Enel’s electricity networks (+0.87%) in Milan and Brescia. Italgas (+0.69%) was also under observation today, increasingly close to closing the 2i Rete Gas dossier.
The operation, worth 5 billion euros, aims to aggregate the two main operators in gas distribution by September. According to Corriere della Sera, due diligence has been completed and no obstacles to the operation have emerged. At this point, a Board of Directors meeting is expected to be called shortly to approve the acquisition and define the financing methods. Generali (+1.03%) did well, having not finalized, even before it became operational, the insurance policy distribution agreement between its subsidiary Liberty Seguros and the Bankinter institute. Brunello Cucinelli (+0.45%) was also in positive territory, ending a session dominated by expectations for the accounts. Outside the main basket, Maire Tecnimont (+8.06%) rallied, with Jefferies analysts starting coverage on the stock with a ‘buy’ recommendation and a target price of 10 euros. After a surge at the start of trading, Fincantieri (+0.08%) wiped out its earnings, announcing today that its Norwegian subsidiary Vard had obtained new orders worth approximately 100 million.
Cog-
(RADIOCOR) 28-08-24 17:50:20 (0439) 3 NNNN