Italgas to acquire 2i Rete Gas from F2i and Ardian for €5.3bn.

Italgas, a distributor of natural gas, agreed to acquire 2i Rete Gas, a gas distribution operator, from private equity firms F2i and Ardian, for €5.3bn. "With this transaction Italgas Group marks a historic milestone in its long and prestigious history. The acquisition of 2i Rete Gas allows us to become the leading operator in Europe in the gas distribution sector, after being recognized as a global benchmark in terms of innovation and digitalization," Paolo Gallo, Italgas CEO.