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Italmobiliare aims for 25% of Edison: the stock soars

The Pesenti family's financial company aims to purchase a stake between 20 and 25% of Edison from Edf - To do this Italmobiliare aims to set up a consortium that raises around one billion euros - Edison's savings shares earn over 3 % in the early afternoon – Edison launches the 2017 tender for start-ups.

Edison in the crosshairs of Italmobiliare. The indiscretion was reported by Il Sole 24 Ore, according to which the financial company of the Pesenti house would be ready to take over from the French giant EDF a share between 20 and 25% of the share capital of the Italian company active in the supply, production and sale of electricity, gas and crude oil sectors.

To enter Edison's capital, Italmobiliare would like to set up a consortium of investors that will raise around one billion euros. The direct investment of the Pesenti family finance company would be between 200 and 300 million euros.

Although it is not yet clear whether Edf is looking for shareholders for Edison, the Italian company's savings shares certainly benefited from the indiscretion, gaining more than 3% in Milan in the very early afternoon, after peaks of more than 4%, against the + 0,34% of the Italian list.

The market reaction was more tepid for Italmobiliare, which in any case travels above parity, gaining 0,24%.

Edison also launched the tender Edison Pulse 2017, contest for start-ups, informal teams made up of at least three people and, this year, also for social enterprises that will participate in the special post-earthquake reconstruction category, which is giving away 200.000 euros, an incubation and support program in an accelerator of enterprise, a communication campaign and the possibility of forging a partnership with Edison.

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