Snam: acquisition of the De Nora stake completed

Price sensitive

San Donato Milanese, 8 January 2021 – Snam, subsequent to the obtainment of the relevant antitrust clearance, completed today the acquisition from Blackstone of a 33% stake in Industrie De Nora S.p.A., a global innovator in sustainable clean energy and water treatment technologies. The acquisition, announced on November 19  th, 2020, is based on a 100% enterprise value of approximately €1.2 billion.

Page Alert
08 January 2021 - 18:40 CET