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OPS Italia Sells Fully Written-Down Stakes in EEMS China and Renewables Units

Story Highlights
  • OPS Italia, a listed Italian energy and telecom services company, has sold its entire stakes in EEMS CHINA and EEMS Renewables S.r.l. for a symbolic one euro each.
  • The divested shareholdings had been fully written down in OPS Italia’s 2024 accounts, making the sale a strategic streamlining with limited direct balance-sheet impact.
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OPS Italia Sells Fully Written-Down Stakes in EEMS China and Renewables Units

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EEMS Italia S.p.A. ( (IT:OPS) ) just unveiled an announcement.

OPS Italia S.p.A. has completed the disposal of its entire stakes in EEMS CHINA and EEMS Renewables S.r.l., selling each 100% shareholding for a symbolic price of one euro. The divested subsidiaries had already been fully written down in the company’s 2024 financial statements, indicating that the move is primarily a balance sheet and strategic streamlining exercise with no material impact on reported assets, and reflects a focus on concentrating resources on core businesses in energy and telecom services.

More about EEMS Italia S.p.A.

OPS Italia S.p.A. is an Italian company operating in the energy and telecom services sectors and is listed on the Euronext Milan market, positioning it among regulated players serving infrastructure and service needs in these strategic industries.

YTD Price Performance: -17.11%

Average Trading Volume: 52,224

Technical Sentiment Signal: Strong Sell

Current Market Cap: €1.93M

See more data about OPS stock on TipRanks’ Stock Analysis page.

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