Brief: Hera Signs Framework Agreement With AIMAG

Hera

23/01/2025 06:52

Hera SpA  HRA.MI :
    * SAID ON WEDNESDAY IT SIGNED FRAMEWORK AGREEMENT WITH AIMAG
    * DEAL CALLS FOR CAPITAL HIKE IN COMING MONTHS THROUGH
CONFERRAL
TO AIMAG BY HERA OF STAKE AROUND 45% IN A NEWCO
    * AFTER CAPITAL HIKE, HERA’S STAKE IN AIMAG TO RISE FROM
CURRENT
25% TO AROUND 41%, PUBLIC SHAREHOLDERS TO RETAIN 51% OF AIMAG
SHARE CAPITAL
    * OPERATION EXPECTED TO CONCLUDE BY JUNE 2025
        

Further company coverage:  HRA.MI  

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