-+ 0.00%
-+ 0.00%
-+ 0.00%
European Commission OKs Italgas, Allianz's Purchase of Floene Energias
Share
Listen to the news
07:24 AM EST, 11/13/2026 (MT Newswires) -- The European Commission cleared the acquisition of joint control over Portuguese natural gas distributor Floene Energias by Italgas (IG.MI) unit Italgas Reti and Allianz's (ALV.F) Allianz Capital Partners. The authority concluded that the transaction would not raise competition issues because the companies are not active in the same or vertically related markets, according to a Friday notice.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending