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Completed

Ascopiave completed the acquisition of Unigas Distribuzione for $24m.

Synopsis

Ascopiave, a distributor of natural gas, completed the acquisition of Unigas Distribuzione, an Italy-based gas company, for $24m. Through the mentioned business combination Ascopiave and Unigas pursue the objective of entrusting the activities they perform in the gas distribution sector in some areas of Lombardy to a single operator, thus further improving their position on the market and the quality standards of the service provided in the relevant territories.

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