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Iren S.p.A. ( (IT:IRE) ) just unveiled an update.
Iren S.p.A. has decided to exercise its call option to acquire the remaining 47.23% of Egea Holding, aiming to fully own the company by March 31, 2025. This strategic move is part of Iren’s broader plan to restructure and integrate Egea into its operations, enhancing synergies and creating additional value for stakeholders while preserving the Egea brand’s historical significance.
More about Iren S.p.A.
Iren S.p.A. operates in the utilities sector, focusing on energy, integrated water services, waste management, and other public utility services. The company is known for its commitment to sustainable development and innovation within these industries.
YTD Price Performance: 15.48%
Average Trading Volume: 8,356
Technical Sentiment Signal: Sell
Current Market Cap: €2.84B
Find detailed analytics on IRE stock on TipRanks’ Stock Analysis page.