(Tiper Stock Exchange) – A2Aan Italian multi-utility listed on Euronext Milan, no longer deals exclusively for entry into the share capital of the Piedmontese multiutility EGEAafter requesting an extension of the due diligence period.
EGEA communicated to A2A of agree to continueby A2A, of the due diligence activities and negotiations until June 12, but on condition that A2A renounces the exclusivity in relation to the negotiations in progress before the deadline of May 15, 2023, waiver against which EGEA will send A2A an invitation letter to continue the due diligence in the context of a competitive procedure, in which other parties may participate.
A2A accepted EGEA’s requests and, consequently, the exclusive negotiations were interrupted. A2A therefore intends continue the negotiations within the competitive procedure.