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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Acea Spa | BIT:ACE | Italy | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.09 | 0.55% | 16.50 | 16.20 | 16.54 | 16.65 | 16.36 | 16.50 | 111,714 | 02:01:12 |
From Jul 2019 to Jul 2024
ROME (MF-Dow Jones)--The privatization process of Italian utility Acea SpA (ACE.MI) can start this year, Rome's mayor Gianni Alemanno said Tuesday.
Alemanno added however that the privatization process would have to take into account market conditions.
Rome's mayor said "there's no rush" on the sale and added the process has to be managed with the maximum transparency, aiming at the best result for both the citizens and the local administration.
GDF Suez SA (GSZ.FR) owns a 9.9% stake in Acea and the companies have an electricity venture. Rome City Hall owns a 51% stake in utility.
Relations between GDF Suez and Acea have been strained since last year, when Rome Mayor Gianni Alemanno expressed concern over the dominant role GDF Suez would have in a bigger alliance that would include natural gas.
--By Carlo Renda, with MF-Dow Jones, and Giada Zampano, Dow Jones Newswires; +39 06 69766925; giada.zampano@dowjones.com
1 Year Acea Chart |
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