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ITEN

Demerger of Italgas and Snam

Transaction

At the shareholders meeting held on 1 August, Snam's Board of Directors presented the project to separate gas distribution activities in Italy - a sector that Italgas is active in with its subsidiaries and associates - from the transport and dispatch activities, LNG, and gas storage in Italy as well as abroad.
Technically, it is a partial and proportional demerger of Snam, where a stake equalling 86.5% of Snam's shares in Italgas will be transferred, proportionally, to Snam's current shareholders.

Phone contact

Calls from Italy
  800 189 037
Calls from outside Italy
  +39 06 42 171 888

Shareholders' Meeting

1 August 2016

> See the webcast

Page Alert
updated
04 November 2016 - 08:05 CET