ACEA AND TELEFONICA MAY CONCLUDE AEM DEAL.

PositionBrief Article

Rome city utility ACEA and local telephony partner Spain's Telef[cent]nica could extend their alliance to include Milan utility AEM. Earlier, ACEA and Telef[cent]nica announced a joint venture for local telephony in Italy. Telef[cent]nica is quoted on the Madrid stock exchange and ACEA is expected to make its Milan bourse debut on July 12. Rome city council is selling up to 49% of its stake in...

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