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Edison, unlikely agreement before September 15th

According to Zuccoli, chairman of the management board of A2A, the multi-utility leader of Edison's Italian shareholders, "it is unlikely" that an agreement with the French EDF will be reached before September 15 for the reorganization of the second largest electricity producer Italian.

Edison, unlikely agreement before September 15th

An agreement between Italian and French shareholders on Edison by September 15, when will the shareholders' agreements that regulate the company's governance expire? Giuliano Zuccoli, chairman of the management board of A2A, the multi-utility leader of Edison's Italian shareholders, doesn't believe it.
“It is unlikely that a definitive conclusion will be reached by 15 September, as expected – he declared -. I also think it unlikely, if the table opens, that there will be a tug of war between the Italian government and EDF”. It is the French energy giant which, already a shareholder of Edison, wants to take definitive control.
In essence, Zuccoli opens an extension on the expiry of the agreements to give the Italian government time to better understand what moves to take on Edison. "The fact that Minister Paolo Romani - underlined the chairman of the management board of A2A - is taking over the dossier with determination makes me think that a conclusion shared between Italy and France is reached". The problem is when.
Zuccoli's words came before today's management committee of A2A, dedicated to a report on the state of the negotiations on the restructuring of Foro Buonaparte. Edison is the second largest Italian electricity producer.

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