And then there were two…
- From: Vol 9, Issue 11 (November 2008)
- Category: General
- Region: Europe
- Related Companies: Enia, Hera and Iride
The merger of Enìa and Iride was signed on 30 October. Disagreements over the balance of power may have precipitated Hera’s exit from the merger.
Enìa and Iride signed a merger agreement on 30 October which will lead to the creation in spring 2009 of a single super-utility with ambitions to extend its activities across the north of Italy and beyond.
The new company’s estimated market capitalisation will be in the region of €1.5 billion, with combined revenues of almost €3.5 ...
Subscription required
To read this full article you must be subscribed to Global Water Intelligence.
Subscribe Now, Sign up for a Free Trial or Log In
