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Iren S.p.A. ( (IT:IRE) ) has provided an announcement.
Iren S.p.A. has announced its decision to exercise a call option to acquire the remaining 47.23% stake in Egea Holding SpA from MidCo 2024 Srl, thereby securing full ownership of the company. The transaction, valued at 74.8 million euros, is subject to verification mechanisms as per the existing agreements, potentially impacting Iren’s strategic positioning and operational control within the industry.
More about Iren S.p.A.
YTD Price Performance: 23.92%
Average Trading Volume: 8,640
Technical Sentiment Signal: Sell
Current Market Cap: €3.05B
For detailed information about IRE stock, go to TipRanks’ Stock Analysis page.