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Italgas SpA (IG.MI)

IG.MI on Milan Stock Exchange

5.20EUR
15 Dec 2017
Change (% chg)

€0.00 (+0.00%)
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€5.20
Open
€5.16
Day's High
€5.22
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€5.15
Volume
3,135,720
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2,079,881
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€5.40
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€3.47

Latest Key Developments (Source: Significant Developments)

Italgas Signs Binding Agreement With CPL Concordia For Acquisition Of Seven Gas
Thursday, 30 Nov 2017 09:01am EST 

Nov 30 (Reuters) - Italgas ::SAYS SIGNED BINDING AGREEMENT WITH CPL CONCORDIA FOR ACQUISITION OF SEVEN GAS CONCESSIONS IN SOUTHERN ITALY.SAYS DEAL VALUE IS EUR 13 MILLION, CLOSURE IS EXPECTED AT MARCH 2018.  Full Article

Italgas buys all of Ichnusa Gas, valued at 26.2 mln euros
Wednesday, 8 Nov 2017 07:51am EST 

Nov 8 (Reuters) - Italgas says: :has bought 100 percent of regional gas operator Ichnusa Gas, which is valued at 26.2 million euros.at closing, amount will be paid entirely in cash, net of debt.completion expected in the first few months of 2018..  Full Article

Italgas acquires 12 concessions in Campania and Basilicata from Amalfitana Gas‍​
Thursday, 2 Nov 2017 12:55pm EDT 

Nov 2 (Reuters) - ITALGAS SPA : :ACQUIRES 12 CONCESSIONS IN CAMPANIA AND BASILICATA FROM AMALFITANA GAS‍​.THE AGREEMENT INCLUDES CONCESSIONS, NETWORKS, PLANTS AND STAFF‍​.THE VALUE OF AMALFITANA GAS BRANCH ASSETS (ENTERPRISE VALUE) HAS BEEN SET AT EURO 18.5 MILLION.AT THE CLOSING OF THE TRANSACTION, THE SUM WILL BE PAID ENTIRELY IN CASH ‍​.THE COMPLETION OF THE OPERATION IS EXPECTED BY JANUARY 2018 AND IS SUBJECT TO CERTAIN CONDITIONS PRECEDENT‍​.  Full Article

Italgas CEO hopes to make a couple of acquisitions by year end
Monday, 23 Oct 2017 12:00pm EDT 

Oct 23 (Reuters) - The CEO of Italian gas distributor Italgas, Paolo Gallo, says::hopes to make a couple of acquisitions before year end.  Full Article

Italgas 9-month net profit rises 28 pct to beat forecast
Monday, 23 Oct 2017 08:01am EDT 

Oct 23 (Reuters) - Italgas says::9-month Ebitda 578 million euros versus 575 million euros in analyst consensus provided by company.9-month net profit rises 27.8 percent to 213 million euros versus 210 million euros in analyst consensus provided by company.sees increase in investments this year from the previous year.  Full Article

Italgas raises EMTN bond programme to up to 3.5 bln euros
Monday, 23 Oct 2017 07:00am EDT 

Oct 23 (Reuters) - Italgas says::renews EMTN bond issuance programme launched in 2016.raises the amount to 3.5 billion euros.board approved issue of one or more bonds with institutional investors by October 31, 2018.has issued 2.65 billion euros of bonds under its EMTN programme to date.  Full Article

Italgas buys Enerco Distribuzione ‍​
Thursday, 19 Oct 2017 02:28am EDT 

Oct 19 (Reuters) - Italgas says::buys Enerco Distribuzione, active in natural gas distribution in Italy's Padua and Vicenza provinces‍​.deal values Enerco Distribuzione assets at 51 million euros.  Full Article

CORRECTED-Italgas CEO says rival could bid for all of Gas Natural's Italian assets
Tuesday, 12 Sep 2017 12:55pm EDT 

Corrects to make clear CEO said there could be a bid by a rival not Italgas for all of Gas Natural's Italian assets:to present binding offer for Italian distribution assets of Gas Natural, though will not overpay.there could also be a bid by rival for all Gas Natural's Italian assets including retail client portfolio as well as distribution network .  Full Article

Italgas could bid for all Gas Natural's assets in Italy
Tuesday, 12 Sep 2017 12:32pm EDT 

Sept 12 (Reuters) - Italgas CEO Paolo Gallo says::To present binding offer for Italian distribution assets of Gas Natural, though not prepared to overpay.Could also bid for all of Gas Natural's assets in Italy, which include retail client portfolio in addition to distribution network .  Full Article

Italgas H1 core earnings rise 22 percent
Friday, 28 Jul 2017 01:40am EDT 

July 28 (Reuters) - Italgas says: :H1 EBITDA 390 million euros, up 21.9 percent.H1 net profit 140 million euros, up 23.1 percent.net debt at end-June 3.682 billion euros.  Full Article

Italy - Factors to watch on Oct. 2

The following factors could affect Italian markets on Monday.