Milan, 12 January 2016 – Notice is hereby given that the shareholders of Linea Group Holding today informed A2A that the binding offer aimed at creating an industrial partnership that involves the entrance of A2A into the share capital of LGH with a 51% share has been accepted.
The path started last June with the signing of a memorandum of understanding; the dialogue for the organization and the sharing of the principles on which to base the partnership continued in the subsequent months, concluding in the binding offer presented by A2A.
The model of the Multiutility of the Territories proposed as the foundation for the transaction represents an industrial path aimed at increasing the value of the existing companies, also in terms of corporate identity, contact points, employment levels, local economy and investment level. In particular, the transaction, due to a broader dimensional scale on adjoining and complementary territories, will make it possible to achieve greater efficiencies, respond to the increasing sophistication of the offer, face the growing commercial competition and relaunch investments, also thanks to a joint and complementary programme of development initiatives.
The parties will dedicate the upcoming weeks to negotiating the partnership agreements.
Contacts
A2A - Media Relations
Tel. 02 7720.4583
ufficiostampa@a2a.eu
Investor Relations
Tel. 02 7720.3974
ir@a2a.eu
LGH – Media Relations
Tel. 0372 802141
relazioniesterne@lgh.it
www.lgh.it
Obligations to inform the public provided for by Consob resolution no. 11971 of 14.5.1999 and subsequent amendments.
