Italgas to acquire 2i Rete Gas in €5.3bn deal to reinforce leadership in Italy’s energy sector
In a landmark transaction, Italy’s largest gas distribution company, Italgas, has announced its acquisition of 2i Rete Gas, the nation’s second-largest natural gas distribution operator, for €5.3 billion. This strategic transaction, which encompasses the assumption of substantial debt, signifies a significant consolidation effort within Italy’s energy sector, thereby creating a leading European gas distribution powerhouse. […]