MILAN (Thomson Financial) - ERG SpA said it will exercise an option to buy a
17.03 pct stake in Enertad from Alerion Industries for 50.09 mln eur, or 3.10
eur per Enertad share.
After the operation, which is expected to be finalised Dec 20, ERG's stake
in Enertad will rise to 63.38 pct, it said.
danilo.masoni@thomson.com
dm/sal
COPYRIGHT
Copyright Thomson Financial News Limited 2007. All rights reserved.
The copying, republication or redistribution of Thomson Financial News Content,
including by framing or similar means, is expressly prohibited without the prior
written consent of Thomson Financial News.
|