Milan, 4 August 2016 – A2A announces, with reference to the contract signed on 4 March 2016 between A2A and AEM Cremona, ASM Pavia, ASTEM Lodi, Cogeme and SCS Crema, shareholders of Linea Group Holding, to establish a business partnership that will see A2A acquire a majority stake in the share capital of LGH, that AEM Cremona's recovery plan prepared pursuant to article 67, subsection 3, letter d) of the Bankruptcy Law was signed and legalized today.
The signing and legalization of this recovery plan is one of the conditions that has to be met in order to close the transaction to acquire a majority stake in the share capital of LGH.
This event follows the measure by the Italian Competition Authority which, on 28 July 2016, subject to compliance with some commitments and corrective measures, authorized the transaction in question, which was announced in the press release of 29 July 2016.
The activities required prior to closing the transaction to acquire a majority stake in the share capital of LGH have therefore begun.
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