EDF Extends Edison Shareholder Pact Until November 30

State-controlled power utility Electricite de France SA (EDF.FR) said Friday that it and Italian utility A2A SpA (A2A.MI) and investment vehicle Delmi have agreed to extend a shareholder pact relating to Italian utility Edison SpA (EDN.MI) and Transalpina di Energia until Nov. 30.

In a filing with financial regulator Autorites des Marches Financiers, EDF took note that A2A, Iren and Delmi have obtained all the required corporate authorizations to continue the negotiations and finalize an agreement with EDF regarding the shareholding and industrial reorganization of Edison, on the basis of the principles agreed on Oct. 2011.

It said that EDF and Delmi each retain the right to give notice of termination of the shareholders' agreement at any time prior to Nov. 30. Such a notice of termination would result, starting Nov. 30, in the procedure for the liquidation of TdE through the auction of the Edison shares held by TdE, it said.

-David Pearson, Dow Jones Newswires; +331 4017 1740, david.pearson"dowjones.com

A2A (BIT:A2A)
Historical Stock Chart
From Jan 2025 to Feb 2025