Snam SpA’s purchase of a stake in German gas network operator Open Grid Europe from Abu Dhabi’s Infinity Investments is unlikely to close this month as planned, Il Sole 24 Ore reported.
The €920 million ($1.1 billion) deal, signed in April under ex-CEO Stefano Venier, is being reviewed by the new management led by Agostino Scornajenchi, the paper said.
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