(Alliance News) - Grifal Spa on Monday made it known that it formally notified MIT SIM Spa of its intention to terminate early the contract of appointment as operator specialist effective Sept. 15, 2024.

The new specialist was identified as Intesa Sanpaolo Spa who was given the assignment effective Sept. 16 inclusive, which assignment was accepted.

The new specialist will also be directly in charge of research writing, the company explained in a note.

On Monday, Grifal closed in the green by 1.4 percent at EUR2.20 per share, while Intesa Sanpaolo finished up 0.5 percent at EUR3.56 per share.

By Claudia Cavaliere, Alliance News reporter

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