Enel Boosts A2A's Presence in Lombardy with $1.3B Distribution Network Sale
Monday, 11 March 2024, 13:57
Enel Boosts A2A's Presence with Major Deal
Enel has made a significant move by agreeing to sell its electricity distribution activities in Lombardy to A2A in a deal worth $1.3 billion. This strategic decision is set to impact both companies' foothold in the region.
Strategic Partnership for Growth
- Enel shares rise after the agreement
- Boosts A2A's presence in the Lombardy region with the acquisition
- This transaction marks a key milestone for both companies in the energy sector
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