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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| CIR SpA | BIT:CIR | Italy | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.006 | -1.04% | 0.569 | 0.561 | 0.573 | 0.573 | 0.562 | 0.569 | 844,673 | 17:00:00 |
From Mar 2020 to Mar 2025
GDF Suez SA (GSZ.FR) aims to expand in countries where it is already present organically rather than through takeovers, although it isn't ruling out medium-sized acquisitions, Chief Executive Gerard Mestrallet said Thursday.
"Organic growth is basis of behavior of group in countries where we are," said the CEO of the French utility at an event in Milan to promote its presence in the country.
"We don't exclude some mid-size acquisitions," he added, "but this is not the way we grow."
The reported acquisition by GDF Suez of Italian energy company Sorgenia SpA, which is controlled by CIR SpA (CIR.MI) and Verbund AG (VER.VI), is "not on the agenda," said Mestrallet.
-By Liam Moloney and Sabrina Cohen, Dow Jones Newswires; +39 06 6976 6924; liam.moloney@dowjones.com
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