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Ascopiave SpA (ASCI.MI)

ASCI.MI on Milan Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Italgas has filed offer to set up alliance with Ascopiave - CEO
Tuesday, 14 May 2019 

May 14 (Reuters) - Italgas CEO Paolo Gallo tells analysts during post-result conference call::COMPANY HAS TABLED OFFER FOR BUSINESS ALLIANCE WITH ASCOPIAVE IN NORTH EAST OF ITALY.BELIEVES ASCOPIAVE MANAGEMENT HAS WELCOMED ITALGAS OFFER.  Full Article

Three Italian utilities interested in some Ascopiave's assets
Thursday, 21 Mar 2019 

March 20 (Reuters) - Ascopiave::ITALIAN UTILITIES A2A, AIM VICENZA AND AGSM VERONA ARE STUDYING A JOINT ACQUISITION OF SOME GAS AND ENERGY ASSETS OF ASCOPIAVE.A2A, AIM VICENZA AND AGSM VERONA ARE ALSO STUDYING PARTNERSHIP IN GAS DISTRIBUTION BUSINESS.  Full Article

Ascopiave Starts Looking For Strategic Partnerships
Wednesday, 20 Feb 2019 

Feb 20 (Reuters) - Ascopiave SpA ::BOARD APPROVES LAUNCH OF FIRST STAGE OF PROCESS AIMED AT ENHANCING ACTIVITIES IN SALE OF GAS AND ENERGY.PROCESS IS ALSO AIMED AT STRENGTHENING AND CONSOLIDATING PRESENCE IN GAS DISTRIBUTION SECTOR.BOTH GOALS TO BE ACHIEVED ALSO THROUGH ONE OR MORE STRATEGIC PARTNERSHIPS.GOAL OF FIRST STAGE OF SUCH PROCESS IS TO COLLECT EXPRESSIONS OF INTEREST AND NON-BINDING OFFERS.OPERATORS CONTACTED TO PARTICIPATE TO PROCEDURE AMOUNT TO OVER 20.  Full Article

Ascopiave and Unigas Approve Project Of Merger By Incorporation
Monday, 28 Jan 2019 

Jan 28 (Reuters) - Ascopiave SpA ::PROJECT OF MERGER BY INCORPORATION OF UNIGAS DISTRIBUZIONE S.R.L. IN ASCOPIAVE APPROVED BY COMPANIES' BOARDS OF DIRECTORS.100% OF UNIGAS’S SHARES TO BE CANCELLED AND TRANSFER TO ANITA S.R.L., IN EXCHANGE FOR ITS STAKE IN UNIGAS, OF TREASURY SHARES OF ASCOPIAVE, WITHOUT ASCOPIAVE'S SHARE CAPITAL INCREASE.SHARE EXCHANGE RATIO IS 3.7788 TREASURY SHARES OF ASCOPIAVE FOR EACH UNIGAS SHARE WHOSE NOMINAL VALUE IS EUR 1.00.MERGER WILL BE FOLLOWED BY CONCENTRATION IN EDIGAS ESERCIZIO DISTRIBUZIONE GAS S.P.A. OF UNIGAS’S OPERATING ACTIVITIES IN NETWORK SEGMENT.  Full Article

Ascopiave 9-Mth Net Profit Down At EUR 30.0 Mln
Wednesday, 14 Nov 2018 

Nov 14 (Reuters) - Ascopiave SpA ::9-MONTH REVENUE EUR 402.8 MILLION VERSUS EUR 377.3 MILLION YEAR AGO.9-MONTH NET PROFIT EUR 30.0 MILLION VERSUS EUR 32.2 MILLION YEAR AGO.TARIFFS FOR 2018 ARE COMPLETELY DEFINED AND SHOULD ENSURE GAS DISTRIBUTION REVENUES IN LINE WITH 2017.IT IS PLAUSIBLE THAT ENERGY EFFICIENCY MARGIN AT 2018-END WILL DECREASE VERSUS SEPT-END AND 2017.GAS SALE TRADE MARGINS ARE EXPECTED TO DECREASE COMPARED TO 2017 IN 2018.  Full Article

Ascopiave Buys Remaining 20 Pct Stake In Amgas Blu
Tuesday, 18 Sep 2018 

Sept 18 (Reuters) - Ascopiave SpA ::BUYS REMAINING 20 PERCENT STAKE IN AMGAS BLU, BECOMING SOLE SHAREHOLDER.PRICE OF STAKE IN AMGAS BLU AMOUNTS TO EUR 3.8 MILLION.  Full Article

Italian utility Ascopiave inks gas distribution merger with Anita
Monday, 4 Jun 2018 

June 4 (Reuters) - Italian utility Ascopiave and Anita say::SIGN LETTER OF INTENT AIMED AT COMBINING THEIR GAS DISTRIBUTION BUSINESSES BY MERGING ANITA INTO ASCOPIAVE.  Full Article

Ascopiave FY Net Profit Down At EUR 47.1 Mln
Wednesday, 14 Mar 2018 

March 14 (Reuters) - ASCOPIAVE SPA ::PROPOSES DIVIDEND OF EUR 0.18 PER SHARE.FY REVENUE EUR 532.8 MILLION VERSUS EUR 497.7 MILLION YEAR AGO.FY NET PROFIT EUR 47.1 MILLION VERSUS EUR 53.6 MILLION YEAR AGO.  Full Article

Ascopiave 9-month net profit down at EUR ‍​32.2 mln
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - ASCOPIAVE SPA ::9-MONTH REVENUE EUR ‍​377.3 MILLION VERSUS EUR 353.3 MILLION YEAR AGO.9-MONTH NET PROFIT EUR ‍​32.2 MILLION VERSUS EUR 32.6 MILLION YEAR AGO.AS REGARDS ECONOMIC RESULTS, TARIFF ADJUSTMENT FOR 2017 IS DEFINED AND SHOULD ENSURE REVENUES IN LINE WITH 2016‍​.  Full Article

Ascopiave H1 net profit up at EUR 29.2 mln
Monday, 31 Jul 2017 

July 31 (Reuters) - ASCOPIAVE SPA ::H1 NET PROFIT EUR 29.2 MILLION VERSUS EUR 27.5 MILLION YEAR AGO.H1 REVENUE EUR 297.5 MILLION VERSUS EUR 265.8 MILLION YEAR AGO.  Full Article

Deals of the day-Mergers and acquisitions

May 14 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Tuesday: