Sesa S.p.A. (IT:SES) has released an update.
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Sesa S.p.A. has finalized the acquisition of 66% of Greensun’s capital through PM Service, creating a leading entity in the digital green and sustainability sector with anticipated annual revenues of approximately €310 million. This strategic move positions the combined company as a major player in renewable energies within Italy, with plans for European expansion. The merger is expected to be completed by FY 2026, enhancing their offerings in renewable energy and energy-saving technologies.
For further insights into IT:SES stock, check out TipRanks’ Stock Analysis page.