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Snam SpA (SRG.MI)

SRG.MI on Milan Stock Exchange

3.64EUR
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€-0.06 (-1.51%)
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Thu, Apr 19 2018

Greece accepts Snam-led consortium's offer for gas grid DESFA

ATHENS Greece has accepted a 535 million euro (466.31 million pounds) offer from a consortium led by Italy's Snam for a majority stake in gas grid operator DESFA, naming it the "preferred investor", its privatisation agency said on Thursday.

UPDATE 2-Greece accepts Snam-led consortium's offer for gas grid DESFA

ATHENS, April 19 Greece has accepted a 535 million euro ($662 million) offer from a consortium led by Italy's Snam for a majority stake in gas grid operator DESFA, naming it the "preferred investor", its privatisation agency said on Thursday.

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