Italy's antitrust opens probe into Snam-Edison gas storage deal
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 23 2024
0mins
Source: Reuters
Investigation into Gas Storage Sale: Italy's antitrust agency (AGCM) has launched an investigation into Edison's sale of its gas storage unit to Snam, focusing on potential competition restrictions in the gas storage market.
Deal Value and Announcement: The deal, announced in July, involves three gas storage sites valued at up to 630 million euros ($656.52 million).
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
