(Alliance News) - With regard to the start of an exclusive negotiation period for the purchase of 100 percent of the capital of 2i Rete Gas, Italgas Spa announced Thursday that its main shareholder CDP Reti Spa stressed in a letter that, "taking into account the strategic nature of the infrastructure and energy sectors, it looks favorably at the possibility that the transaction may materialize, recognizing its potential industrial value."

"In this perspective, as shareholders," the letter continues, "we are willing to evaluate forms of support for the implementation of the potential transaction, once we have acquired the information necessary to verify the existence of the prerequisites for our intervention" and "in any case subject to the resolutions of the competent corporate bodies.

Italgas shares closed Wednesday at a par at EUR5.40 per share.

By Chiara Bruschi, Alliance News reporter

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