Italy's ERG jumps as media report says A2A weighs takeover

A2A

27/02/2026 10:29

** Shares in Italy's ERG ERG.MI up as much as 9.4% after a local media reported utility A2A A2.MI was weighing a potential share exchange takeover of the energy company

** ERG declined to comment on the report when contacted by Reuters

** "A2A regularly conducts a review of its strategic options consistent with its industrial plan and, in this context, discusses with many potential partners," A2A said in a statement

** Even if journalistic hypotheses, some aspects of the potential operation deserve attention, brokerage Equita says

** An operation with an integrated operator would make "strong" industrial sense, as it would allow ERG to reduce sourcing costs through the production of renewables, it adds

** Including today's rise, ERG has gained 15.83% YTD

(Reporting by Philippe Leroy Beaulieu in Gdansk, Giancarlo Navach in Milan)

((Philippe.leroybeaulieu@tr.com))