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A2A confirms exploratory negotiations on strategic choices
Investing.com – Italian utility company A2A (BIT:A2A) said on Friday that the company is exploring strategic options but has not made any decisions yet. There have been reports that the company could be acquired and merged with renewable energy group ERG SpA (BIT:ERG).
The company stated that it regularly evaluates strategic options aligned with its business plan and discusses them with various potential partners, which is a normal process.
A2A said that several options are currently in preliminary and exploratory negotiations. The utility company added that it will inform the public of any relevant developments.
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